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So, VT is one step closer to being the first state to implement a single payer system and essentially send all health carriers packing. It's off to the Senate.
And when reading this rather long article it almost seems great, until you read that the only way they've come up with to fund it is by charging businesses more.
Universal health care bill passes, 89-47 | Vtdigger.org
"Scheuerman said under the proposal, self-insured companies would pay double – they would pay insurance premiums and potentially a payroll tax, as suggested by Hsiao’s report. Scheuerman said a number of large, self-insured companies could be affected, and she rattled off a list: GW Plastics, General Electric, General Dynamics, Pizagalli Construction, Plasan, King Arthur Flour, Cabot Creamery, CVPS, among others.
Scheuerman said while the state may not require participation in a single-payer plan, companies would likely be forced to pay into the plan. “There is a lot of uncertainty in this bill, and the angst is palpable for businesses in this state,” Scheuerman said."
And when reading this rather long article it almost seems great, until you read that the only way they've come up with to fund it is by charging businesses more.
Universal health care bill passes, 89-47 | Vtdigger.org
"Scheuerman said under the proposal, self-insured companies would pay double – they would pay insurance premiums and potentially a payroll tax, as suggested by Hsiao’s report. Scheuerman said a number of large, self-insured companies could be affected, and she rattled off a list: GW Plastics, General Electric, General Dynamics, Pizagalli Construction, Plasan, King Arthur Flour, Cabot Creamery, CVPS, among others.
Scheuerman said while the state may not require participation in a single-payer plan, companies would likely be forced to pay into the plan. “There is a lot of uncertainty in this bill, and the angst is palpable for businesses in this state,” Scheuerman said."
