Did you notice these words in Sen Baucus’s framework for health care reform?
“require employers to include retiree prescription drug subsidies for corporate income tax purposes;”
Sure they are going to find a way to “pay” for reform, but as I have said many times, if the givernment is not paying someone else will. In this case we have yet another nail in the retiree employer based benefits coffin. Many employers who decided to keep retiree Rx coverage will have another cost excuse to push them to Medicare with the additional costs to retirees associated with that coverage.
On one hand Congress is removing the Medicare donut hole and on the other driving up costs for millions of those on Medicare while shifting more to Medicare as the primary coverage driving those costs further over the brink.
Do you see how all this works? Makes you wonder if the politicians are stupid or just think the rest of us are.
“require employers to include retiree prescription drug subsidies for corporate income tax purposes;”
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