Health Care At Whole Foods Indicates That Less Government, More Individualism, Works

A great video from Reason juxtaposing the satisfied reality of Whole Foods workers and their health care plans with Big Labor agitators who want to make everyone dependent on the government.


What the Whole Foods employees have, essentially, is a health savings account. It’s a tax-sheltered account they contribute to coupled with a high-deductible insurance plan that costs a lot less than a more common comprehensive plan. This not only costs less over all, and allows them to better control their health care expenses, but it also allows them to build up significant amounts of money in their health care accounts which they can use for number of things not normally covered by a lot of health care plans. Like vision care. Dental care. Things like that.
And any American can get these, though with the government still subsidizing employer-based health care plans by allowing premiums to be deducted from paychecks pre-tax there’s little incentive for Americans to get them or even for insurers to issue them.
But emphasizing that sort of self-insurance would not only introduce market forces into the health care industry that would help to control spiraling health care costs it would also be a solution that makes us more independent. As opposed to more dependent on the government.
Which is a good thing, unless you’re the sort of person who enjoys being in thrall to duplicitous politicians and cantankerous bureaucrats.

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  • http://Array sayanything-874

    Wrong again. That is why Whole Foods employees have the HCSA which is partially funded by Whole Foods, just like 401k contributions..

  • sayanything-1557

    Imagine that. The free market actually works! Another interesting fact is that the only two areas of health care that have gone down in costs is lasek eye surgery and plastic surgery. Guess who doesn’t have a lot of regulation in those areas??? The government…

  • sayanything-874

    Dino: High deductible insurance plans are meant to cover those “ER” visits.

    Assuming you are there for an actual emergency and you aren’t one of those clowns who goes to the ER with the sniffles.

  • sayanything-4416

    This works great if all you ever do is pay premiums and never get sick. One visit to the ER for a kidney stone and your medical savings account is DRY even AFTER paying the $2000 deductible.

  • sayanything-4416

    Most people, if not all, who work at Whole Foods, would be devastated by a $2000 deductible bill.

    NONE of them would be able to save the tens of thousands an MSA would require if something really bad went wrong.

  • sayanything-6911

    [blockquote]Most people, if not all, who work at Whole Foods, would be devastated by a $2000 deductible bill.[/blockquote]

    And you know this because…?

    Don’t tell me; let me guess. You just KNOW it, deep in your heart.

    And by the way: If “something really bad” does go wrong, that’s what they have the high-deductable insurance policy. That’s the way these things work.

  • http://sayanythingblog.com robport

    Not true if you save over time. And even if you go beyond the limits of your account the most you pay is the deductible.

    That’s better than the limits on most comprehensive plans.

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