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Its all about loopholes actually. Lets take for example a simple law that says all employers must give their employees health insurance. No sane person is again
by jfaucett 11y ago
Its all about loopholes actually. Lets take for example a simple law that says all employers must give their employees health insurance. No sane person is against people having health insurance, its just the ways companies might get around this law that is the problem. For instance, lets say this applies to fulltime employees, well then the company might lay people off, hire more contractors and part-timers, then those same people have less job security, perhaps lower wages because other laws regarding fulltime employees dont apply, and still no health insurance.
That is essentially what this EU law boils down to: a law with lots of loophole room for companies to exploit.
- logicchains 11y ago>Lets take for example a simple law that says all employers must give their employees health insurance. No sane person is against people having health insurance Given that in many countries apart from the US, health insurance is provided by the government and/or private sector, I'd posit that there are quite a few sane people who don't believe having employers be responsible for providing health insurance is necessarily a good idea. An example found by some quick Googling: http://www.forbes.com/sites/theapothecary/2012/05/12/how-employer-sponsored-insurance-drives-up-health-costs/ http://www.forbes.com/sites/theapothecary/2012/05/12/how-emp...
- jfaucett 11y agoI do not live in the US, I chose a specificlly US example because most people are probably familiar with the US system here. Regardless, if you read my statement, it has nothing to do with whether a company/govt should or should not provide insurance, just that "no sane person is against people having health insurance". If someone thinks, in general, people should not have health care services I think there is something wrong with them i.e. they are not being sane. A better example could have perhaps been rent ceilings in large cities, since there are many classic examples of this loophole behavior in economics.
- logicchains 11y agoSorry, I assumed from the sentence preceding it that you meant that no sane person would be against employers providing health insurance.
- Natanael_L 11y agoIn less words; side-effects of modified incentives. If adding or removing one incentive or disincentive makes some completely different option more profitable than the intended one, that's a loophole that's likely to be abused.