Employee benefits will become irrelevant if and only if (1) the government removes the tax advantage of providing certain benefits to employees over providing t

Employee benefits will become irrelevant if and only if (1) the government removes the tax advantage of providing certain benefits to employees over providing the value of those benefits to employees in cash, and (2) the government resolves the market failures innate to certain types of insurance. The ACA went a long way to resolving (2) for health insurance, but similar forces are at play in the life insurance and disability insurance markets.