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Category

😹
Fun
Transcript
00:00There's a secret extra tax you pay every year, and it's not just to the government.
00:04Your health insurer, your phone company, even your employer takes a cut of your time.
00:10It's been called the time tax or administrative burden, and it refers to how ordinary people are
00:15being asked to spend more and more of their lives filling out forms, sitting on hold,
00:20and waiting in line. It's a way for companies and agencies to save money on labor, but it's
00:25also to discourage people from accessing benefits and payments they're entitled to.
00:30A struggling parent might not get food stamps because they can't get time off for an in-person
00:34interview. A sick patient might not have the energy to battle their HMO to pay their medical bills.
00:40Even canceling an online subscription can be just enough of a hassle to make some people keep paying.
00:45Of course, we have to expect that living in the modern world will involve some paperwork,
00:50but if time is money, we have a right to know how much we're paying.
00:53There's a secret extra tax you pay every year, and it's not just to the government.
00:58Your health insurer, your phone...
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