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I pay more for health insurance for YOUR gender reassignment surgery?
I am doing my annual open enrollment and I'm feeling a bit put-out by WHERE my employer chose to advertise my increase in premiums............right next to where they advertised their support for our "diverse workforce". I'm so glad that I can pay higher premiums so my colleagues can have an addadictome or make their outies into innies.
I know I should be grateful that I have insurance and a good job. But I had to vent........
Attachment 60718
Re: I pay more for health insurance for YOUR gender reassignment surgery?
As an employer I can tell you your numbers are low and you forgot a few items.... insurance costs me $400 a month for a single employee, $1000 a month for a family of four. SS tax is easy to figure because as an employer I have to match your contribution. Also add in Workman's Comp, Fed and state taxes, licensing fees and probably a lot I have forgotten. Add in operating costs and as a rule of thumb I figure an employe must make twice what I pay them just to break even.
So if I pay you $50,000 a year you have to make me $100,000 before the company makes a dime.
I just thought some of you might find that of interest.
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Re: I pay more for health insurance for YOUR gender reassignment surgery?
Not to mention I'm the one taking all the risk. If the company goes belly up the employee just finds another job while the owner will probably suffer financial devistation.
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Re: I pay more for health insurance for YOUR gender reassignment surgery?
Quote:
Originally Posted by
double moo
Many years ago I had a boss tell me... "If this company doesn't make it, you look for a new job... I look for a new life."
That's a good one.
If owning a company and making money was easy everyone would do it.
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Re: I pay more for health insurance for YOUR gender reassignment surgery?
Quote:
Originally Posted by
Sombeech
Why is it that you business owners actually know what you're talking about?
It's interesting when it's your money the government is taking and giving to others how much you learn....
Here's the deal.... I make a wage and pay taxes on my paycheck just like anyone else.... but... the government treats my company like an individual and taxes the company on everything it makes... and because I own 100% of the company I get taxed twice on every dollar I make...
The one thing Regan did when he became president was remove the tax on the company provided they spent the money ( you couldn't stash it in any type of savings). That is what trickle down really was. It created a reason for companies to spend money. We hired 5 new employees and replaced all our company cars during this period because it was tax free money. When Regan took office we were in a similar mess as we are in today. And the country came out of resesion and had 20 strong years.
Now that is a real simplified version of things but its the basic idea...
You can't tax business to death and expect them to expand. The system is currently set up so my best deal is to work with the smallest force possible because that is the easist way to reduce my overhead.
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I pay more for health insurance for YOUR gender reassignment surgery?
Quote:
Originally Posted by
Iceaxe
Not to mention I'm the one taking all the risk. If the company goes belly up the employee just finds another job ...
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Not quite true. I believe a more accurate statement would be that employers are taking a larger risk.
Employees are also taking risks:
1. Risk of loss of reputation from being associated with firms that fail through no fault of their own.
2. Risk of having to move, perhaps at significant cost, to a new job market/city/state. Might be paying rent/mortgage in two places while looking for new opportunities, which could wipe a lot of people out.
3. Not really possible to "just" find another job right now for many people.
I've been on both sides of this fence and know both have risks. I wrote the checks for years and sometimes didn't have enough to pay myself after all the hourly wage guys got paid. But in the end I was rewarded more handsomely than they were for my willingness to take on more risk.