Union health plans may avoid special tax

This is an interesting story on two levels. First, the Friends of Unions in the senate may exempt union negotiated health plans from a scheme to tax so-called "gold plated" health insurance programs. That's not a surprise, given union dominance these days. They get pretty much whatever they ask for and even some stuff they don't.But how about the idea of punishing people for having better plans than anyone else? "Gold plated" is a highly subjective term. I would imagine most of these superior health plans are in place as an incentive for an employee to stay with the company. And now the Democrats want to punish employers for trying to keep their best employees?Ryan J. Donmoyer and Holly Rosenkrantz of Bloomberg have the details:Senate Finance Committee Chairman Max Baucus, the chief congressional advocate of taxing some employer-provided benefits to help pay for an overhaul of the U.S. health system, says any change should exempt perks secured in existing...(Read Full Post)