> And worst of all, extraneous lawsuits targeting companies attempting to share helpful information with workers regarding taxes, insurance, and retirement accounts, are punishing the very individuals these groups falsely espouse.
David Loeper's book has a few citations of surveys about how "helpful" the information about 401k plans actually is: https://www.amazon.com/Stop-401-Rip-Off-Eliminate-Improve/dp... tl;dr - 401k plans are a Reagan-era privatization scam; almost no one understands what to choose, which makes it easier for plan management companies and funds to charge ridiculous fees.
David Belk lectures on medical insurance plans (https://www.youtube.com/user/davidbelk46/videos I recommend starting at https://www.youtube.com/watch?v=jkAY15p2DN4). Same deal - deductible, copays, caps, lifetime caps, what to choose? A lot of these plan details deliberately obfuscate the fact that you would spend less paying for medication and procedures directly than the insurance co-pay!
David Loeper's book has a few citations of surveys about how "helpful" the information about 401k plans actually is: https://www.amazon.com/Stop-401-Rip-Off-Eliminate-Improve/dp... tl;dr - 401k plans are a Reagan-era privatization scam; almost no one understands what to choose, which makes it easier for plan management companies and funds to charge ridiculous fees.
David Belk lectures on medical insurance plans (https://www.youtube.com/user/davidbelk46/videos I recommend starting at https://www.youtube.com/watch?v=jkAY15p2DN4). Same deal - deductible, copays, caps, lifetime caps, what to choose? A lot of these plan details deliberately obfuscate the fact that you would spend less paying for medication and procedures directly than the insurance co-pay!
This article is privatization scam propaganda disguised in free-market jargon. Not surprising when you consider the author: https://en.wikipedia.org/wiki/David_Schweikert