Saturday, September 26, 2009

In Response to the High Cost of Health Insurance

House Democrats propose.... A TAX ON HEALTH INSURANCE

Proponents of the insurance tax, which Obama has endorsed, say it would help to lower health care costs by encouraging people to become more cost-conscious health care consumers.

Some of the high-cost plans are so expensive because they come with no co-payments or deductibles, and cover every dollar spent for health care. Not all of them provide such "Cadillac" benefits, however. Some are very expensive because they're sold to companies with older employees, or workers in high-risk occupations.

Only the US Congress could piece together the logic that you could lower costs for consumers by raising prices thus discouraging them from buying something you are trying to make sure they have... Seriously? Seriously.

Congressman1: I just can't figure out where to get the money to provide health insurance for everyone.

Congressman2: Well have you tried taxing the rich?

Congressman1: Of course but we're still coming up way short.

Congressman2: Well what about a tax on health insurance.. that should make health insurance more affordable.

Congressman1: Genius. This is almost as perfect as when you came up with taxing tax refunds as taxable income.

Congressman2: Ah that's nothing, wait till you see my plan for taxing the money left over after paying taxes as taxable income. It's like a bottomless pit of free money.

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