3 ms·
Most people who work for medium or large sized companies in the US are working for companies that are self-insured, meaning your company is taking on all the ri
by dawhizkid 8y ago
Most people who work for medium or large sized companies in the US are working for companies that are self-insured, meaning your company is taking on all the risk, so if anything your own employer is incentivized to do this and not the insurance company itself.
When I first heard of the Amazon/JP Morgan/BH heathcare initiative my thought on what that company would actually do is surveillance on their collective millions of employees to better predict if they are prone to disease and use predictive analytics to lower their own claims cost.
- mtberatwork 8y ago> meaning your company is taking on all the risk While I wouldn't say there aren't any companies out there that are absorbing the entire cost of insurance premiums, most are splitting this in some proportion with the employee.
- deleted 8y ago[deleted]
- dawhizkid 8y agoby risk I mean that the company is liable for all claims cost, but right premiums can come from the employee, employer, or both.
- Spooky23 8y ago> When I first heard of the Amazon/JP Morgan/BH heathcare initiative my thought on what that company would actually do is surveillance on their collective millions of employees to better predict if they are prone to disease and use predictive analytics to lower their own claims cost. ...or avoid claims in the hiring process.