Tuesday, May 12, 2009

I'm sure we will be waiting for some time before this fairy dust becomes real gold

Isn’t this the plan that got McCain skewered pre-election?

Senators are considering limiting — but not eliminating — the tax-free status of employer-provided health benefits to help pay for President Barack Obama's plan to provide coverage to 50 million uninsured Americans.

The reality is that politicians are liars – they will give you treats with one hand and pick your pocket with the other.

When government shows up “Hi, we’re with the government and we are here to help” keep both hands on your wallet because they don’t think the money in there is really yours anyway.

And one more thing – if any version of this really passes:

Baucus suggested that the benefit could be limited by taxing health insurance provided to high-income individuals, although he did not specify at what income levels. He also said that plans offering rich benefits — for example, no co-payments or deductibles — might be taxed once their value exceeded a yet-to-be-determined threshold.

Anyone voting for the bill will be immediately ousted. Gold-plated insurance plans are the golden calf of benefit packages and are highly prized as such. There will be a revolution the instant government tries to take them away.

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