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Employer provided healthcare bad for competition?
#7
(09-29-2017, 08:05 PM)Dill Wrote: Yes, and Benton raised the question of universal coverage. And the guy expressed fear he would lose employees because of the low salary.

I was just wondering if perhaps the Universal coverage might save him money he now pays offering insurance and doing all that paperwork. He could translate that gain into higher, more competitive wages.  The question would be whether he had to raise wages so high, in the new labor market, that it cost him more to run the business than previously.

You must have missed the part where his friend was saying that he'd rather just send the check to the Fed, and not have to bother with all the compliance paperwork.  

So, I'm thinking that dude is making pretty good profit.  His actual field of business was never stated, so I don't know if his business requires people that have a skill or something that anyone can learn easily.  But, if the cost of providing coverage isn't a problem, then he is likely doing well from the business.
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RE: Employer provided healthcare bad for competition? - SunsetBengal - 09-29-2017, 08:23 PM

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