What to Know About 'BernieCare,' Sanders' Health Overhaul

[LiberalArkie]

5. I had a friend of mine from England explain to me that half the price of the coke

was health care because healthcare is built in by every company along the way.

It went like this.

The aluminum company had to mark up the price of the bauxite to cover its healthcare costs.

Transport company had to mark up the price of the bauxite it purchased and add in its transportation costs and its healthcare costs.

The smelter had to markup what it paid the transport company and add in its manufacturing and healthcare costs.

The company that received the sheets of rolled aluminum from the smelter had to markup what it cost and add in the manufacturing and healthcare costs.

The bottler had to add in a markup for the cans and add in the cost of the manufacturing the bottled drink and its labor costs to the final wholesale price.

So the price of healthcare has been marked up so many times by the time you buy the coke it is close to 50% of the price.

My friend told me that since in England since health care is a one time charge and the businesses don't have to provide health care, it doesn't come to play with their prices.

I don't know how much is true about this as he told me this back in 1990. But it seems like a good description.