Starbucks — More spent on health care than coffee

It’s remarkable how shortsighted American businesses are. Their Chamber of Commerce is on record as opposing health reform.  Given the cost of providing employees health insurance one would think they would be supportive of  reform efforts, particularly if they removed health insurance as an employee benefit, as is the case in most industrialized countries.

Consider the bankruptcies of GM and Chrysler due in part to health insurance costs; consider also Starbucks which provides health care for employees, “a line item that tallies $300 million. That’s more than the company spends on coffee.”

Medicynical note: In other countries businesses don’t have to factor the health coverage burden into their planning, or costs. It’s another of those incomprehensible inefficiencies that is uniquely American.

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