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View Diary: Forever 21 Employees wake up to bad news UPDATE: Company Confirms (141 comments)

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  •  From the perspective of an employer.. (5+ / 0-)

    I would think having the country shift to single payer would be one of the single most beneficial things that could happen. Even a modest tax increase would be more than offset by not having to pay ever-increasing insurance premiums for your employees.

    •  Exactly! (0+ / 0-)

      Which is why car factories in Canada, for example, can make cars for less than here.  The entire country spends only half of what we do for "health care" (a good part of which in the US is profit for insurance companies, extra administrative expenses for providers to deal with the deliberately confusing insurance forms, cash flow loss due to delays in insurance payments, and writeoff of debts by patients who are too confused by the paperwork to believe that they really owe what insurance didn't pay), but they have much better health outcomes.

      So Ford Canada, for examples, only has to bargain for wages and hours with its unions, not for health benefits.

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