Wednesday, July 31, 2019

Cadillac plans

One of the hot debate topics was single payer health care sometimes called Medicare for all. The major objection regarding this approach is that private health insurance will be eliminated. This will affect some 170 million people and one sub group in particular, that being private union contracts. These union people, mostly living in mid America, have given up wage increases in the past in order to have what are called Cadillac plans. These are low deductible and low cost plans that cover most everything. They will be asked to give these up and all the sacrifices they made in the past will have been to no avail.

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