I sat in a meeting for an hour listening to a gentleman try to explain what the folks who wrote probably don't understand. It was exactly how I imagine a Congressional subcommittee meeting to be like.
The group health care plans--you know the ones that the president assured everyone were not going to change if health care was reformed--well, guess what? (And I bet you won't even need a second guess!) Yep, changing in January.
At every company I have ever worked for, I had the option of deciding on an individual basis not only what insurance/retirement plans I wanted, but also which I wanted tax sheltered. That choice will no longer belong to me. It's all or none. Plus, the new "savings plans" purportedly created to allow the employee to put money away to pay for things like day care and medicines are not only going to cost a fee each month but are going to require so much pre-planning and submission of paperwork as to be no savings at all.
Hell, we can make more money, we can't make time.
The man's solution, too, to the "use it or lose it" dilemma (translation: if you don't use all the money you set aside for health care during the plan year) was the go see the doctor. Yep, just schedule an appointment for the heck of it! Take a day off (-$250) from work, and just go see your physician so you don't lose that money that you had deducted all year into your flexible spending account (that was yours to being with) and that you paid a montly fee to save.
Plus, only large chain pharmacies will take the credit card the money is being deposited on because those are the onles who can afford the new software required to administer the program. So, Joe the small-town pharmacist, you are S.O.L.
Frankly, I needed a pill after listening to all this crap.
Please go votes these loons who don't have anything better to do than come up with more bureaucratic bullshit out of office in November. I, for one, am more motivated than ever....So I guess the hour wasn't a total waste after all.
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