My employer pays 90% of my healthcare premium costs. Remove that and my insurance costs go up my hundreds of dollars each month. Why should I be happy about that?
The problem we now face in this nation is that too many of the voters vote their wallet, rather than long term common sense.
Remove health insurance from the employer and, over time, the cost will “re-center”. That is, the cost will reflect the fact that the people using it are the people paying for it. You may find that instead of paying 10% of $1,000 a month ($100), you are paying all of $400 a month (the new “centered” price), but earning $300 a month more.
“Remove health insurance from the employer and, over time, the cost will “re-center”. That is, the cost will reflect the fact that the people using it are the people paying for it. You may find that instead of paying 10% of $1,000 a month ($100), you are paying all of $400 a month (the new “centered” price), but earning $300 a month more.”
It would be interesting to see but I’d be surprised if it just stabalized at current levels. A significant drop seems unlikely unless something drives costs to crater.
Cuban leaf: “My employer pays 90% of my healthcare premium costs. Remove that and my insurance costs go up my hundreds of dollars each month. Why should I be happy about that?”
Hi, I have worked for large companies and small ones. I have worked for myself for a while.
I never let one, single company pay for my health insurance. I, instead, negotiated a higher salary and paid for it myself.
Why?
Because when I left that company I still had my health insurance.
Also - I would get them to quote me the plan and rate they were offering. In every, single case I could get the same plan for less. Until last year when ACA really kicked in it was always VERY affordable.
Allowing someone to OWN your health insurance is very dangerous. In my opinion.
Over time. How much time? Five years? Ten years? Twenty? How long will it take before GE decides that it doesn't want to charge a million dollars for its CT scanner and instead will charge only $10,000? How long before a pharmacutical company or an insurance company doesn't need all that profit?