The managed benefits of corporations providing health insurance (and savings plans) to their employees is win for both the employee and employer.True. For those that work for large corporations. It doesn't work that way for the self employed or small businesses.
The idea is to grow the size of the insurance groups to spread the risk further. Spreading the risk is the principal behind insurance in the first place.
>> True. For those that work for large corporations. It doesn’t work that way for the self employed or small businesses.
I agree with you big time. Fortunately, health insurance deductions for small biz have improved in recent years and HSAs are making progress too. It’s not enough though.
My remarks were aimed at corps that complain about health care costs and fantasize about the day gov’t takes it over. One of the arguments made by these corps is the cost of health care, and I argued how absurd the complaint is given they get fantastic group rates and can pass that along to the employee who would otherwise need to pay more on their own and inevitably force the salary levels up.