Healthcare Costs - In (Shocking) Perspective
Posted
11:56 AM
by Michael Fox
This statement by Howard Schultz is breathtaking: Starbucks Corp. will spend more on health insurance for its employees this year than on raw materials needed to brew its coffee, the company's chairman said Wednesday.
Thanks to the T(om)P(eters) wire service for the link to the AP story, Starbucks CEO: Health costs out of control
No one doubts that health care costs are a major issue, nor that access to health care is also critical. But putting it like this -- somehow makes it seem more real. Kudos to Starbucks as well for providing healthcare benefits to part-time employees. Makes me feel a little less guilty about spending $3+ for a cup of coffee.
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