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Decoupling health insurance contracts from employment is absolutely necessary, though not sufficient. Do it like the UK, do it like Germany, or do something els
by MandieD 5y ago
Decoupling health insurance contracts from employment is absolutely necessary, though not sufficient. Do it like the UK, do it like Germany, or do something else, but as long as the health insurance contract itself (not just the payment of some or all of it) is through one’s employer, a lot of otherwise financially stable people in the US are utterly at their employers’ mercy.
- chalst 5y ago> HUDSON: This was the one thing that Alan Greenspan contributed to economic theory: the Traumatized Worker Syndrome. He said, the reason you’ve had this huge productivity gain without any wage increase is workers are afraid to go on strike, or even to complain about working conditions, because they’re just one paycheck away from homelessness. https://michael-hudson.com/2016/03/traumatized-worker-syndrome/ https://michael-hudson.com/2016/03/traumatized-worker-syndro...