Wednesday § September 16, 2009
Employers’ Needs May Get Left Out of Ongoing Debate on How to Best Reform Healthcare
It’s often a double-edged sword when corporate entities and employers in general often talk about skimming costs to stay in the black. Often, most employers don’t give a second thought to jettisoning those healthcare benefits that, in today’s economic climate, seem as precious as gold. Employee health benefits are an easy target, as costs are readily apparent and are as easily determined as salaries in many organizations. Pending legislation already passed in the House will prove critical to the movement to restore the faith of employees in their employers who provide benefits.
All the talk about coverage for patients in general often leaves out much of the discussion on how best to provide it for workers. With private alternatives such as HDHPs and HSAs often cost prohibitive as units for consumers, many times, workers are often left with piecemeal plans and reduced blocks of coverage. With healthcare punditry predicting a 50-50 chance of reconciliation for the reform bill’s passage, the use of this mechanism will severely limit funding and financing availability and federal subsidy qualifications for the employers who need the aid the most. | LINK
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