Reducing health benefits

Avery Johnson reported today that "More companies are reducing health benefits or passing rising health care costs onto employees." (WSJ, 9-16-09, citing 2 surveys)

Isn't that a surprise? They knew they'd get either Hillarycare or Obamacare, they know they can't handle all the mandates, and the illegal, undocumented workers and their relatives, so they are passing along the costs.

How dumb are American employees? Don't they know how perks work? When I was employed at Ohio State, each year I received a benefits booklet. It showed two salary figures---what I was paid, and what it cost the university to employ me. The second figure was at least 25% higher than what I was paid--it added in the value of my vacation time, my sick leave, my health care, OSU's retirement contribution, plus all the other stuff I'd never use and didn't want--gymnasium use, tuition waivers, health care fairs, computer labs--so many I can't even remember them all. The advantage to "buying" your health care from your employer's plan is that it is one of those "tax loop holes" Obamacare will close in order to cover those 30 million. You'll probably soon be taxed for it off the top (because university employees had their own retirement system, we did pay into Medicare).