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Link, or way to do that?
by sillypuddy 8y ago
Link, or way to do that?
- dmoy 8y agoWell for one just look at the 5-7% annual increase in employer healthcare costs for the last couple decades, and despair :/. It's like 3-4x as expensive as it was 20 years ago for employers to offer health insurance.
- RodericDay 8y agoJust because someone pays more for insurance doesn't mean they're getting more health care.
- vkou 8y agoAnd yet, employers prefer the employer-provided health insurance model, because it increases the friction of switching/quitting jobs.
- 2bitmachine 8y agoExactly. Whether it’s H1B abuse or tying work to healthcare, employers don’t want to compete for labor. When the Chamber of Commerce supports a socialized healthcare system, I’ll believe otherwise.
- chimeracoder 8y ago> And yet, employers prefer the employer-provided health insurance model, because it increases the friction of switching/quitting jobs. Where do people get this idea from? No, employers do not prefer the employer-provided model. Especially at scale (employers with more than about 1000 employees), it's dramatically more expensive for them than it would be if they didn't have to operate health plans themselves, and instead could pay employees more to purchase comparable health insurance independently. However, employers aren't the culprit, because they can't change that part of the system. The only choice an employer can make is what kind of health insurance to offer. There's one backdoor - employers can offer a cafeteria plan, which is what a few employers (like Netflix) do, but in most states, there simply are no good plans (at any price) for health insurance that are comparable to what an employer can provide, so this option is rarely used.
- bradleyjg 8y agoThis isn't exactly what you want, but it should give you the idea: https://fred.stlouisfed.org/graph/?g=lfQt https://fred.stlouisfed.org/graph/?g=lfQt