America has "socialism for white people" https://www.forbes.com/sites/chrisladd/2017/03/13/unspeakable-realities-block-universal-health-coverage-in-the-us/#52e53659186a …pic.twitter.com/yQhJVKKxGr
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I mean, it shows up as a reduced effective income tax on the bottom line, but it's really reduced effective cost of insurance.
And if private insurance is otherwise actuarially fair, or near so, that subsidy makes recipients net benefactors.
Its an (arbitrary & distortionary) tax break compared to purchasing non-employer plans. 'Quirk' is better term than socialist!
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