Comments for Why is John McCain wrong on health care? Think credit cards. »
Posted By Aidenag 1 year, 3 months ago in Political NewsWhy do most of us send our credit-card bills to South Dakota or Delaware? The answer to that seemingly arcane question illustrates the dangers of replacing state regulation with no regulation at all. It also offers a cautionary tale about a little-understood provision at the center of John McCain's health care plan. So bear with me for a little history.
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nikkibabe1 year, 3 months ago
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What hypocrite McCain is planning to do is to end the tax credit given to employers who offer health care (medical, medicines and dental) to their employees. This will effectively end employer offered health care. Employees will be on their own to shop for this for self and their families.
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For those who have no idea of what it will cost, if you are one of the lucky one covered by your employer, just ask the HR Department what it will cost if you end up under COBRA.
If McCain gets elected and fulfills his promise, you can safely add the cost under COBRA + 100%.
Make sure, you are sitting down when they tell you the answer. -
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