Responding to Mlayio:
I have done a lousy job of expressing myself. Sorry. I'll try to be more clear.
The point I was trying to make is that with Hoovestol, you have a choice. Let's say that you have a spouse that gets insurance through his/her employer. If that is the case, and if all else is equal, would you rather have a job that pays $20/hr with benefits that you neither need nor use, or would you take a job that pays $25/hr with no benefits? (This is approximately what Hoovestol pays.) Or, if you are single with no dependents, wouldn't you rather get the $800 to $900/month to buy your own choice of benefits and pocket the extra cash, or put it in your IRA, or your health savings account which by the way can be converted into your IRA when you retire?
And one last point, Oleguy is right. We get, in dollar value, the same deal that postal employees get, but more importantly, we get cash. We have the choice of spending the benefit allowance as we see fit, even on beer should we so choose. I agree with Oleguy. Do your homework. Shop and compare benefit plans, what they cost, what you get. I think the best option out there is to have a health savings account in conjunction with a good high deductible insurance policy. If you stay healthy, you will have a nice chunk of change to transfer into your IRA. If you don't stay healthy or have an accident or injury, no worry. You're covered. The difference is that if you stay healthy and accident and injury free, as most people do, (that's why insurance companies make so much money,) you will make out like a bandit.
Choice... What a concept! (I guess it's not for everyone.)
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