I always read the views of a ‘lobby association’ with skepticism.
In this case however, it couldn’t be more true. Bad assumptions lead to bad decisions.
“The PBO assumptions do not take into account the past experience in Canada that many employers would drop coverage and millions of Canadians would lose access to the benefits they depend on,”
We may end up here one day anyway as healthy workers become less willing to subsidize unhealthy workers but there is no need to rush to put the nails in the coffin like the government did with DB pensions.
Joe Nunes:
I always read the views of a ‘lobby association’ with skepticism.
In this case however, it couldn’t be more true. Bad assumptions lead to bad decisions.
“The PBO assumptions do not take into account the past experience in Canada that many employers would drop coverage and millions of Canadians would lose access to the benefits they depend on,”
We may end up here one day anyway as healthy workers become less willing to subsidize unhealthy workers but there is no need to rush to put the nails in the coffin like the government did with DB pensions.
Sunday, May 27 at 9:37 am |