The Robin Hood philosophy applied to insurance. Love it or Hate it? Leave your comments. - KLTV.com-Tyler, Longview, Jacksonville, Texas | ETX News

The Robin Hood philosophy applied to insurance. Love it or Hate it? Leave your comments.

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Posted by Ellen Krafve - email

U.S.A. (KLTV) - According to a recent article in the New York Times, Congress is considering a plan that would expand health care to cover the almost 50 million Americans who, as of right now, are not insured. Sounds great, right? There is one catch...paying for the plan. One solution they are considering is to tax the people whose employers provide them with the most expensive insurance benefits.

Though it would yield a lot of money, there are drawbacks to the plan. There are many workers who are far from affluent that might be affected by the plan if they receive the so called "Cadillac coverage". Congress is moving ahead with caution because they don't want a plan that does more harm than good.

Click here to read the New York Times article.

What do you think about the potential plan? Would the sacrifice be worth the reward?

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