9:00 am October 25, 2010, by Henry Unger
Are you worried about your employer cutting off health insurance or dramatically raising employee costs?
While it’s too early to proclaim the demise of job-based coverage, corporate number crunchers are looking at options that could lead to major changes, AP is reporting.
Gov. Phil Bredesen, D-Tenn., said the economics of dropping coverage are “about to become very attractive to many employers, both public and private,” AP writes.
At least one major employer has shifted a greater share of plan costs to workers, and others are weighing the pros and cons of eventually forcing employees to strike out on their own, AP reports.
That’s just not going to happen, White House officials say.
What do you say?
Would it be short-sighted for employers to drop health insurance? Or an understandable cost-cutting move?
How hard would you try to change jobs if your employer gave up health insurance?
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