DesideriScuri -> RE: Jesus Christ, what's next, they can vote too? (11/27/2013 11:30:08 AM)
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ORIGINAL: RottenJohnny Just a quick correction, DS. You got my and MJ's quotes backwards..but no harm so no foul. I just wanted to clarify. quote:
ORIGINAL: DesideriScuri The option to go out and purchase health insurance for oneself and/or one's family is there. It always has been there. The only reason it's the primary means of obtaining coverage isn't because that's the only way it's available. Would you rather your employer pay for your coverage, or you pay for your coverage? Most people would rather someone else pay for it. The reason health insurance has been linked to employment is because employers can offer insurers a large group of customers in one shot. Therefore, the insurance companies are willing to offer reductions in price for the bulk purchase of their products. The employee gets cheaper insurance and the employer gains a benefit it can offer it's employees, which in turn, is one way to increase productivity. Originally, the whole idea was assumed to be a win-win for everyone. Unfortunately, something has come along and spoiled the party because not even employers can get a good deal for insurance anymore. Thanks for the correction, Johnny. The origins of employer sponsored insurance was a result of wage caps placed by government. To attract the talent a business wanted, the business had to find a way to offer more than the next business. This ended up being in the form of perks, like profit-sharing, pensions, and health insurance. Yes, an employer can gain the benefit of being a large group, which allows them to get better pricing. That helps make medical care more affordable for the employer, and the employee. While some will argue that government would be the largest possible "large group," and that's not something I would deny, a huge difference between government paying for something, and business paying for something, is that business is paying with it's own money. Government isn't as concerned with being miserly, since it's not spending it's own money. Business, however, is spending it's own money.
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