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>1% of the US labor force earns the minimum wage. About 3% of the American labor force made the federal minimum wage in 2016, not 1%. This number is vastly hig
by StanislavPetrov 9y ago
>1% of the US labor force earns the minimum wage.
About 3% of the American labor force made the federal minimum wage in 2016, not 1%. This number is vastly higher when included those who make state minimum wages that are higher than the federal minimum wage of $7.25 an hour.
https://www.bls.gov/opub/reports/minimum-wage/2016/home.htm https://www.bls.gov/opub/reports/minimum-wage/2016/home.htm
>The person at the median in the US middle class has their healthcare paid for by their employer.
The median US worker most certainly does not have their healthcare paid for my their employer. Some are partially subsidized, some receive nothing. Very few "middle class" workers have their healthcare paid for, let alone their full health insurance premiums or deductibles. The average worker pays $4,200 for their own healthcare out of pocket after all employer subsidies.
New results from an industry organization's annual study shows that large employers expect the total average per-employee cost for health insurance benefits — which includes premiums and out-of-pocket costs for employees and dependents — to rise in 2018 to $14,156 from $13,482 this year.
With employers covering about 70 percent of that cost, the average worker will pay 30 percent of the tab, or about $4,200.
https://www.cnbc.com/2017/08/09/employers-to-spend-about-10000-on-health-care-for-each-worker.html https://www.cnbc.com/2017/08/09/employers-to-spend-about-100...
That is $4,200 out of the worker's income. Median income last year in the United States was $31,099. Depending on what state the worker lives in they are taking home ~$25,000 after taxes and tax rebates. This means that even after employer subsidy they are paying about 1/6th of their total annual income on healthcare.
>The US middle class has in fact seen significant compensation increases that are not accounted for, because their healthcare benefits from employers are not accounted for in salary comparisons.
For most workers they are paying more for healthcare while receiving less coverage than they have in past years and decades in the United States. Somewhat ironic, but not surprising given your other comments, that you equate receiving less of a lower quality product as "increased compensation". Next year, when deductibles rise and workers have to pay more, should we also count that as increased compensation? Perhaps what we can call it what it is - a direct transfer of wealth to the ownership class on Wall Street. A massive corporate welfare program for pharmaceutical companies, HMOs, insurance companies, managed care conglomerates and their shareholders.
France is not perfect, but when people get sick, they can go to the doctor for treatment even if they don't have enough money. When someone gets hit by a car in France, they don't have to limp away because the cost of an ambulance ride could bankrupt them. When someone in France has a life threatening abscess in their tooth they can go to a dentist for proper treatment instead of hoping it goes away until they have thousands of dollars.