Ending Employer Sponsored Health Insurance

Or … at Least as We Currently Know It

By Staff Reporters

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The latest Kaiser Health News column bids farewell to employer-sponsored health insurance. It will supposedly erode. And that’s a good thing, according to some experts.

Of Criticisms

The KHN news begins by saying that one of the latest criticisms of the new health overhaul law is that it will encourage employers to stop offering health insurance. And, in fact, it may.

http://www.kaiserhealthnews.org/Columns/2010/May/052710Frakt.aspx

Alternatives Must Exist

According to economist Austin Frakt PhD, we should welcome this, provided the decline in employer coverage is gradual and good alternatives like HSAs, exist. So, there are several advantages to the way in which the new law promotes severing the connection between employment and health insurance.

http://theincidentaleconomist.com/the-end-of-employer-sponsored-health-insurance-as-we-know-it/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheIncidentalEconomist+%28The+Incidental+Economist+%28Posts%29%29

[picapp align=”none” wrap=”false” link=”term=health+insurance&iid=102664″ src=”0099/8461586d-cbd6-48d8-b6bc-0620b4303fad.jpg?adImageId=13084712&imageId=102664″ width=”380″ height=”253″ /]

Assessment

One of them is that it will make more visible the biggest looming health care problem: costs.

https://medicalexecutivepost.com/2010/01/25/why-health-savings-accounts-are-no-longer-a-pariah-in-the-banking-industry/

Conclusion

And so, your thoughts and comments on this ME-P are appreciated. Is there a difference of opinion between employers and employees; recall doctors and financial advisors [FAs] often are both at some career inflection point?

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3 Responses

  1. Fighting Back … The HIP Lobby?

    Did you know that Aetna Inc., Cigna Corp., Humana Inc., United HealthCare Inc. and WellPoint Inc., may contribute a combined $20 million to form an organization aimed at influencing congressional races and boosting their industry’s image?

    And, it is using the pharmaceutical and financial industries as their strategy role models, the Center for Public Integrity reports.

    Read: America’s Health Insurance Plan [HIP] Lobby

    http://www.publicintegrity.org/blog/entry/2283/

    Donna

    Like

  2. Insurers Drop Child-only Coverage on Eve of Health Reform Mandates

    New requirements under health system reform took effect Sept. 23rd, including some that the administration said would protect patients from many of the worst insurance industry abuses.

    But, the transition didn’t go entirely as planned. A few days before rules took effect, many insurers said they would stop selling new child-only policies, citing requirements that the plans said made such policies too risky.

    The insurers included the five largest private-pay plans by enrollment — WellPoint, UnitedHealth Group, Aetna, Cigna, and Humana — and some nonprofit BlueCross BlueShield plans. Any thoughts?

    Source: Emily Berry, AMNews [10/4/10]

    Like

  3. Health insurance claim denials rose by half in recent years

    Did you know that pregnancy was among pre-existing conditions according to four top insurers?

    http://www.msnbc.msn.com/id/39633238/ns/health-health_care

    Spencer

    Like

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