Someone finally said it...in all the recent postings here just on this blog and conversations I have had I don't get the idea that any employer today is happy about being saddled with administering health care and insurance for employees..just flat out due to not only cost, but the time...and this all has a tendency to impact their bottom line profits and many times can result in whether or not the company stays in business. BD
The U.S. employer-based health-insurance system is failing," declares a new report by the Committee for Economic Development (CED). The CED is a Washington, D.C.-based policy think tank comprised of business and education leaders. And it is right: Employer-based health-insurance is indeed failing. Between 2000 and 2007, the percentage of firms offering health insurance benefits fell from 69 percent to 60 percent. The percentage of people under age 65 with employer provided insurance dropped by 68 to 63 percent. In absolute numbers, those covered by job-based insurance fell from 179.4 million to 177.2 million.
Employers are jettisoning health insurance because costs are out of control. Since 2001, premiums for family coverage have increased 78 percent, while wages have gone up 19 percent and inflation is up 17 percent. The consequence is that health insurance is the number one domestic policy issue in the 2008 presidential race.
Reason Magazine - Ending Employer-Based Health Insurance Is a Good Idea
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