Corporate Costs for Healthcare

I have read many accounts of companies declaring skyrocketing costs for health care in the wake of the passage of Obamacare. Oddly, I have no sympathy for those companies. What has happened is that the government will no longer subsidize these companies through tax breaks. To me, that is a good thing. I don't like when government offers subsidies. It would have been better if the health care reform had removed all such tax breaks, notably the tax deductible status of health insurance supplied by an employer. If we got rid of that, there would be little incentive for employers to supply health insurance. People would buy policies for themselves, much like they buy car insurance, home owner's insurance, life insurance, etc. This would drive down prices. How? Everyone wants a $10,000 health insurance policy when the employer is footing the bill. Very few people want it when they write the check. Insurance would quickly transform to cover catastrophic health issues and not cover such things as the yearly physical or flu shot. Insurance is meant to cover the unexpected, not the routine.

Third party payer systems are the bane of cost containment. No one is ever as price conscious when spending someone else's money. Don't believe me? Look at the spending habits of the US Congress.