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Big Screen TV or Health Care Insurance?

Health care is a very serious matter, and polling indicates that Americans consider it of the utmost importance, rating it right after the economy in general, and above the Iraq war and homeland security.

It is strange to me then that 'television,' while not showing up in national polls, ranks higher then health care as a priority when it comes to household spending. If you believe the numbers in the news, 99% of households own televisions but only 84% have health insurance in any form.

Certainly cost and availability are the screaming issues of the day. However, value judgments also play a roll and I believe that whatever solutions are proposed, individual choice and responsibility should remain of paramount importance and that maintaining competition in the market place remain a principal goal.

Continue reading Big Screen TV or Health Care Insurance?

The UAW as GM's health care plan provider?

As a nation, we seem to be evolving toward consensus that saddling employers with the responsibility of arranging and paying for health care is an inefficient system. Such a system demands companies develop expertise that has no relationship to their core business.

This begs the question -- if not these corporations, then who? According to the GM-United Auto Workers negotiations, the answer could be, the unions that represent GM employees. Is this a good solution for the workers, the corporations, investors, and/or the country? My impressions to date are no, yes, yes, and no.

If I were a UAW retiree, I'd be very nervous about the likelihood that the UAW bean counters could do a better job than GM in allocating the right amount of money to cover future health benefits. Certainly, GM is going to sharpen its pencil in an attempt to fund this as leanly as possible, and even at that, the pot will no doubt stretch the corporation's wallet.

Continue reading The UAW as GM's health care plan provider?

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Last updated: November 11, 2009: 03:32 AM

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