Comments on: Health Benefits Are Part of Worker Pay http://blog.heritage.org/2008/10/14/health-benefits-are-part-of-worker-pay/ Fri, 10 Feb 2012 22:29:33 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Mistakes That Could Put You in Medical Debt http://blog.heritage.org/2008/10/14/health-benefits-are-part-of-worker-pay/#comment-8623 Mistakes That Could Put You in Medical Debt Fri, 07 Nov 2008 18:07:01 +0000 http://www.foundry.org/2008/10/14/health-benefits-are-part-of-worker-pay/#comment-8623 [...] care is all about benefits. Well, one benefit for your medical bills is that you can set up some sort of payment plan with the [...] [...] care is all about benefits. Well, one benefit for your medical bills is that you can set up some sort of payment plan with the [...]

]]> By: Mike, Cleveland, OH. http://blog.heritage.org/2008/10/14/health-benefits-are-part-of-worker-pay/#comment-7008 Mike, Cleveland, OH. Wed, 15 Oct 2008 09:20:25 +0000 http://www.foundry.org/2008/10/14/health-benefits-are-part-of-worker-pay/#comment-7008 While I agree with professor Boudreaux's general thesis, I am not sure that the value of the worker (as discerned by the worker) is the $25.00 per your example. The cost of the worker to the company is the sum of all costs, i.e., wages + benefits; however the laborer see his value as the hourly wage, less deductions for taxes, insur., etc... Having said that, it is unrealistic to believe that burden can be eliminated for the cost of insurance. One of the immutable physical laws is: matter can not be created or destroyed... by that I mean cost is cost and it does not simply disappear by moving to another column on a ledger. The cost of insurance is a cost period. Whether it is paid by individual, company, or gov't, it is a cost, and truly can not be hidden. Ultimately, this cost is on the company,and then the individual (whether labor or consumer). While I agree with professor Boudreaux's general thesis, I am not sure that the value of the worker (as discerned by the worker) is the $25.00 per your example. The cost of the worker to the company is the sum of all costs, i.e., wages + benefits; however the laborer see his value as the hourly wage, less deductions for taxes, insur., etc…

Having said that, it is unrealistic to believe that burden can be eliminated for the cost of insurance. One of the immutable physical laws is: matter can not be created or destroyed… by that I mean cost is cost and it does not simply disappear by moving to another column on a ledger. The cost of insurance is a cost period. Whether it is paid by individual, company, or gov't, it is a cost, and truly can not be hidden. Ultimately, this cost is on the company,and then the individual (whether labor or consumer).

]]> By: Gene Laabs http://blog.heritage.org/2008/10/14/health-benefits-are-part-of-worker-pay/#comment-7006 Gene Laabs Wed, 15 Oct 2008 07:15:13 +0000 http://www.foundry.org/2008/10/14/health-benefits-are-part-of-worker-pay/#comment-7006 In addition to the certainty of increased taxes on the firm is the increase in prices to the consumer of the firms product or service. All firms (business')pass their tax burden to customers in their prices. Any talk about increasing Corp. taxes by politicians is nothing more then a scam! That or they don't know enough to be trusted with public office!! In addition to the certainty of increased taxes on the firm is the increase in prices to the consumer of the firms product or service. All firms (business')pass their tax burden to customers in their prices. Any talk about increasing Corp. taxes by politicians is nothing more then a scam! That or they don't know enough to be trusted with public office!!

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