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Did you know that even US companies don't invest (put factories here) because . . . .?

. . . of the high cost of providing health insurance in the US?

Lots of plant closings, like NUMMI in Fremont, CA, are because foreign companies can open plants in Canada or Mexico far cheaper because they don't have to pay for health insurance.

But worldwide, most corporations don't consider the US as a place to do business because we saddle the companies with huge health plan costs. Did you know about this part of the health insurance debate?

2 Answers

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  • Anonymous
    1 decade ago

    I did -- just one more reason we have to lift the burden from an employer based healthcare plan to a socialized

  • 1 decade ago

    Good point! Thank God we finally have a president who has the intelligence and will to do the right thing.

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