Sat, 13 Feb 2016, 12:29pm PST
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what about those who wont have jobs?
Jobs... here's something else concerning jobs and Medicare for All.
Currently, only about 50% of employees get some form of employer sponsored healthcare and the costs split varies based on the company. The other 50% of employers don't pay ANY health insurance for their employees. This healthcare offering is considered a "benefit" to the employee.
Plus the company pays 1.45% payroll tax for Medicare for each employee (and the employee also pays 1.45%).
Now, fast forward, with Medicare for All, the company gets taxed 6.2% for EVERY employee to cover their healthcare. For a company who was paying for partial healthcare ins (depending on the split) for their employees, does this new 6.2% tax cost the company more or less than what they were paying? How about the sliding scale of the tax, based on income levels of the employees?
How about the company who wasn't paying anything towards employee healthcare, or a company that has a lot of part time, non benefit, employees? What does this new 6.2% tax do to that companie's overhead on every employee? It can cause many struggling companies to thin out their workforce and fire people to save money.