An interesting point that few Intel followers are aware of is that Intel publicly favors a national health plan. The reason is that the cost burden for companies like Intel that have good health plans for their employees would go down. Ditto for the auto companies, airlines and other big corporations.
The economically troubled auto companies have perhaps the highest health care burden and are about ready to sign on the idea of universal health care. Toyota recently declined big subsidies to build a plant in the US and chose Canada because its universal health care provided a cost advantage.
Europe on average spends 7% of GNP on universal health coverage while the US spends 15% of GNP and provides no coverage for 49 million people. Europe also has better metrics on health care quality and patient satisfaction. Setting aside the question of what a "good" universal system for the US would entail it would cost Intel and all other corporations less for their operations and improve their bottom line.
The important point is not to address the difficult debate on universal health insurance -- which I favor for both economic and social reasons -- but to note that Intel supports universal health insurance because it will lower costs and help its bottom line.
... of course that 49 million number includes 20-30 million illegal immigrants as well as several million people who chose not to have insurance...
I'm still not convinced that a federalized health care system will save me money - or even the country money. I'm already paying into medicare/medicaid a total that amounts to MORE than my total insurance burden and I don't see penny one of that.
If you really want to improve health care in the US - rather than saying the government is going to pay for everything and that's magically going to make things better - I'd like to see a pareto of the factors influencing the cost of health care in the United States - and a plan to address those factors.
If someone can demostrate that everyone's going to be better off in all senses of the word (lower cost, better coverage WHILE RETAINING individual choice in health care options and no additional onerous intrusion into people's private lives), then I'm all for it. I haven't seen anything like that - just more vague political promises of "what your country can do for you".
If Intel has seen these numbers, I sure wish they'd share them with me.
News 
Market Data 
Discover 
AI
