Saturday, September 5, 2009

you want to know who to blame for high insurance premiums?

you want to know who to blame for high insurance premiums?

the majority of your premium actually pays taxes

those of you who ran a business - so you should already know this

anyone who took economics should know this

costs always flow to the end consumer

here are the government costs you pay for in your insurance premiums:
taxes on the insurance company for payroll,
taxes on insurance company property
taxes on insurance company profit
taxes (fees) for insurance company licenses
taxes (fees) to insurance regulatory offices
taxes imposed on insurance companies to fund government programs
taxes paid by insurance employees on income thru wages
taxes paid by insurance employees on property thru wages
taxes paid by insurance employees in sales tax thru wages
taxes paid by doctors and nurses on income
taxes paid by doctors and nurses on property
taxes paid by doctors and nurses offices in sales tax
taxes (fees) by doctors and nurses for licenses
taxes (fees) by doctors and nurses to regulatory offices
taxes paid by hospitals and clinics on income
taxes paid by hospitals and clinics on property
taxes paid by hospitals and clinics in sales tax
taxes paid by hospitals and clinics employees on income
taxes (fees) by hospitals and clinics employees for licenses
taxes (fees) by hospitals and clinics employees to regulatory offices
taxes paid by suppliers to hospitals and clinics on income
taxes paid by suppliers to hospitals and clinics on property
taxes paid by suppliers to hospitals and clinics in sales tax
taxes (fees) by suppliers to hospitals and clinics for licenses
taxes (fees) by suppliers to hospitals and clinics to regulatory offices
taxes paid by suppliers employees on income

so now you know why your insurance premium is so high

and you want even more government to manage your costs

ROFLMAO at the stupidity of that idea