And how will an employee be taxed? Will companies have to figure out the compensation cost for say, each employee? Single employees have a smaller compensation, health care expense wise, than the worker with a covered spouse and three kids. And what happens when a company tells its employees that it is going to benefit “average” so the single guy winds up paying as much as the family man with four covered dependents? Can you say lawsuits?

This is a stupid idea. But with the push for “universal” health care from our out-of-touch administration, I look for companies to start telling unions they will no longer provide health insurance and will give monetary compensation so that the employee can buy their own. I have it from reputable resourses that ATT and the CWA are going to battle over health insurance in their contract negotiations this year. ATT provides excellent insurance to all employees but that could rapidly come to a schreeching halt if Obama gets his health plan.