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True. I was blissfully unaware of such requirements for employers until I spoke with a few small biz owners who downsized because they couldn’t sustain the full
by calvinbhai 9y ago
True. I was blissfully unaware of such requirements for employers until I spoke with a few small biz owners who downsized because they couldn’t sustain the full work force.
With the current healthcare costs structure, I wouldn’t mind if the quality of healthcare received was amazing (at very little cost). But employees end up paying a lot even with a good insurance, every year.
So in a sense, the health insurance industry is incentivizing big businesses by shuttering small ones (and those employees will go work for a big biz).
If small businesses (I guess less than 200 employees were exempt from providing healthcare, Amazon would have a much tougher time to cope with such competition.
Right now it is a cake walk. Amazon’s robots in the warehouses don’t need health insurance.
- mgkimsal 9y agoNo companies have to provide health insurance, IIRC. It would be great if most/all companies stopped doing it, and moved the decisions back to the actual consumers. Or hey - just provide a basic health insurance safety net for the whole society.
- nojvek 9y agoAmerica’s health insurance industry is too deep inside GOP for this to be a thing at least in this decade. With the latest tax cuts it’s very evident that this country favors Large corporations over small businesses. May be it is a good thing, but I bet in the next 20 years, America won’t have the highest GDP if some of the things don’t reverse. Also expect a crash by 2020.