Healthcare Scam

by Jim

“Family health coverage costs an average of $25,550 per year”.

That’s a better headline. If the employer cut the pay from $100,000 to $87,500 and paid all of the employee’s insurance premium, it’s not like insurance got cheaper. The total premium is what matters. The portion that gets charged to the employee can be irrelevant, since it’s part of their overall pay.

Of course, this leaves out co-pays and, more importantly, deductibles, which can add another ten grand in cost (always borne by the employee).

Thank God Obamacare cut costs. /sarc

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