Trumpcare will allow large companies to drop healthcare coverage to employees

[glenn1]

DP

 

[ivwshane]

Again, what's your point? Presuming the classic mythical American family of husband, wife, and 2.5 children what sense does it make that if both parents worked for 'large firms' that government should dictate that a substantial amount of their total compensation would be required to be made in the form of health insurance "minimum coverage" benefits? Wouldn't it make more sense to allow that family and employers to allow one parent to get an employer subsidized "family care" health insurance plan, and the other spouse to take cash-in-lieu of employer subsidized healthcare benefits? Or receive more time off for better "work-home balance" or whatever else the employee values more than redundant health insurance they can't use.



So then the employee opts out and the employer pockets five figures worth of benefits they won't have to pay but is figured anyway in total compensation. That sounds like a great plan to me.

Just an FYI, the ACA doesn't require companies to provide insurance to ones spouse (they do require it for their children though).

Also, FYI, employees have always been able to opt out of employer health insurance. The difference now is that they must still have insurance (that could come from the private market or from the other spouses employer).

 

[pcgeek11]

You know, you don't have to give up one to have the other, right? As a matter of fact, the ACA, while requiring employers to offer ins. to employees, doesn't require employees to accept said insurance, if said employee can prove ins. via other avenues, such as a spouse's plan. Been there, doing just that right now.

I do agree employers should reimburse such an employee for not taking HI via them, but that'll never happen.

Some companies do issue credits if the health insurance is not taken. My employer does.

 

[ch33zw1z]

I opted out of my employers insurance. It became quite expensive, do after my wife got insurance for half as much. So here's the math.

HMO (PPO): 1/3 paid by employee, it was $800/month. So my employer covered $19,200 each year.

Opting out gets me a credit of *drumroll* $30 per month.

Insurance was through Anthem BCBS, who just happened to have a massive security breach losing estimated 80 million people's health information and history.

 

[Jhhnn]

Glenn's argument is immaterial to the topic at hand. The employers of both spouses would no longer be required to offer coverage at all & would be free to offer plans so expensive that only the execs could afford them.

 

[dphantom]

Glenn's argument is immaterial to the topic at hand. The employers of both spouses would no longer be required to offer coverage at all & would be free to offer plans so expensive that only the execs could afford them.

Why would any company lock itself out of 90% of its potential market? Boutique plans may be offered to the well off and I see no issue with that if the well off want to pay for it or there employers want to offer it.

The other bigger issue I see today is the lack of portability with health insurance. With the increasing number of mobile workers who may live in one state yet "work" in another, portability across state lines seems like a no brainer.

A second issue is the connection between employer and insurance. They should be disconnected so that an employee who leaves a company can carry their insurance with them (not talking about COBRA).

Finally, customers should have the ability to build a plan that meets their specific needs. That could range anywhere from catastrophic coverage only with a HSA of some sort for minor problems to full blown coverage with everything including the kitchen sink thrown in.

Similar to how I shop for auto, homeowners, life insurance etc., I want to be able to do the same for my health insurance.

 

[glenn1]

Why would any company lock itself out of 90% of its potential market? Boutique plans may be offered to the well off and I see no issue with that if the well off want to pay for it or there employers want to offer it.

The other bigger issue I see today is the lack of portability with health insurance. With the increasing number of mobile workers who may live in one state yet "work" in another, portability across state lines seems like a no brainer.

A second issue is the connection between employer and insurance. They should be disconnected so that an employee who leaves a company can carry their insurance with them (not talking about COBRA).

Finally, customers should have the ability to build a plan that meets their specific needs. That could range anywhere from catastrophic coverage only with a HSA of some sort for minor problems to full blown coverage with everything including the kitchen sink thrown in.

Similar to how I shop for auto, homeowners, life insurance etc., I want to be able to do the same for my health insurance.

LOL you're presuming Jhhnn would do anything to help you manage your needs as you see fit. No, more like you're the pasty and funding source for those he cares about; giving free care to those who are too irresponsible or short-sighted to do that. People like you only deserve to have the choices he'd allow you that serve those greater purposes.

 

[Jhhnn]

LOL you're presuming Jhhnn would do anything to help you manage your needs as you see fit. No, more like you're the pasty and funding source for those he cares about; giving free care to those who are too irresponsible or short-sighted to do that. People like you only deserve to have the choices he'd allow you that serve those greater purposes.

As if everybody gets to be highly successful & as if Fortune hasn't smiled upon those who are.

 

[Jhhnn]

Why would any company lock itself out of 90% of its potential market? Boutique plans may be offered to the well off and I see no issue with that if the well off want to pay for it or there employers want to offer it.

The other bigger issue I see today is the lack of portability with health insurance. With the increasing number of mobile workers who may live in one state yet "work" in another, portability across state lines seems like a no brainer.

A second issue is the connection between employer and insurance. They should be disconnected so that an employee who leaves a company can carry their insurance with them (not talking about COBRA).

Finally, customers should have the ability to build a plan that meets their specific needs. That could range anywhere from catastrophic coverage only with a HSA of some sort for minor problems to full blown coverage with everything including the kitchen sink thrown in.

Similar to how I shop for auto, homeowners, life insurance etc., I want to be able to do the same for my health insurance.

Yeh, it's all about you. Everything.

 

[dphantom]

Yeh, it's all about you. Everything.

I am unsure what you mean. I stated my opinion and preferences. I am sure you have yours. perhaps you could articulate your views so we could have a discussion?