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A lot of that is largely fictitious. If an employer health insurer doubles their prices, supposedly my compensation has increased a lot, but in fact, I'm poore
by jellicle 9y ago
A lot of that is largely fictitious. If an employer health insurer doubles their prices, supposedly my compensation has increased a lot, but in fact, I'm poorer, because my share of the health insurance premium has increased and my coverage has not. The only one getting richer is the insurer.
Are we going to argue then that worker compensation in all the many countries with universal government-paid health insurance is also going through the roof? But my health insurance is identical whether I work or not...
- VHRanger 9y agoI don't disagree. The worker is worse off on average with this trend. The point is in where to focus the solution. Yes unionizing (or other wage negotiation methods) will help in some areas, but the best economic bang for your buck is fixing incentives in health insurance. Counterintuitively, slashing the tax cut on employer provided health insurance would be a step forward (especially if combined with other tax measures).