Drudge Retort: The Other Side of the News
Tuesday, September 03, 2019

The past decade has seen enormous growth in health care costs paid by both employees and employers, creating the context for some of today's biggest political debates as well as teeing up more problems for the future.

Advertisement

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

With unemployment so low, employers have to sweeten the pot to get desirable employees. It might be tough for them, but there are some corporations who foot almost all of health care costs for their employees.

#1 | Posted by goatman at 2019-09-03 06:19 PM | Reply

Pretty much any company that offers health insurance foots most of that bill.

What Percent of Health Insurance is Paid by Employers?
Across the country, Kaiser Family Foundation found the average percent of health insurance paid by employers is 82 percent for single coverage and 71 percent for family coverage. Let's dive into these stats a little deeper.
www.peoplekeep.com

#2 | Posted by snoofy at 2019-09-03 06:24 PM | Reply

My employer pays 0% of coverage and the so called group plans we have access to are a joke.

#3 | Posted by TaoWarrior at 2019-09-03 07:16 PM | Reply

When employees realize how much increase in income they could realize if employers were not burdened with healthcare costs by enacting Medicare For All, it will be a no brainer for employees, employers, everyone else. For profit healthcare insurance id a dinosaur which just increases costs but does nothing to increase healthcare service. If you just love some Healthcare Company exec whose making millions, ok, I understand your POV. If you don't then I can't understand why anyone one opposes MforAll.

#4 | Posted by danni at 2019-09-03 07:46 PM | Reply | Newsworthy 1

"My employer pays 0% of coverage and the so called group plans we have access to are a joke."

So, in your situation, MforAll would be a great benefit for you.

#5 | Posted by danni at 2019-09-03 07:49 PM | Reply

51% rise in premiums from 08 to 18.

Anyone care to take a guess what it was the prior decade? Try 131%, compared with 32% inflation over that same time period.

That's four times the inflation rate, compared to "only" twice as much.

I was against Obamacare from the start, but I always added one caveat: if it brought down runaway medical inflation, I'd acknowledge that as a success. Here's numerical proof.

#6 | Posted by Danforth at 2019-09-03 08:20 PM | Reply

Here's numerical proof.

#6 | POSTED BY DANFORTH

They don't understand things like numbers and there's no such thing as "proof". It's a matter of it "feels right" to them.

#7 | Posted by WhoDaMan at 2019-09-03 10:36 PM | Reply | Newsworthy 1

Numerical proof = "How many fingers am I holding up, Winston?"

#8 | Posted by WhoDaMan at 2019-09-03 10:38 PM | Reply

Healthcare in the United states is a for-profit industry that is designed to extract as much money out of the economy for its shareholders as is inhumanly possible.

The metric for success is the profit level, not the well-being of those people the industry treats.

The profits of the healthcare industry are increasing, so the stock price is increasing, rewarding the wealthy owners.

Meanwhile, the life expectancy of the United States continues to drop relative to other developed countries.

#9 | Posted by LampLighter at 2019-09-04 12:01 AM | Reply

So, in your situation, MforAll would be a great benefit for you.

No actually we get paid 20-30% more than other similar employers which is about the normal employer burden of health care. Because our plans are crap I get to buy on the exchange with subsidies making my cost just a titch higher than what I would likely pay in an employer plan but I get to keep the difference.

Now if Mitch manages to take away pre-existing protections or kill the subsidy then I would benefit from M4A a WHOLE lot, but as of right now no.

I still support medicare for all or some other universal coverage option. I accept though that it would mean higher overall costs for me. That would be fine as long as we got better outcomes for the nation.

#10 | Posted by TaoWarrior at 2019-09-04 06:30 AM | Reply

Advertisement

Advertisement

My company gives a discount if you sign up for big brother program to track your health.

#11 | Posted by Pirate at 2019-09-04 09:39 AM | Reply

How is that Trumpy No Health Care Plan coming along?? You know the one. It was gonna be cheaper and better than any plan ever!

Ready to Repeal and not Replace that "disastrous" "job killing" ACA yet?

#12 | Posted by donnerboy at 2019-09-04 11:26 AM | Reply | Newsworthy 2

How is that Trumpy No Health Care Plan coming along?? You know the one. It was gonna be cheaper and better than any plan ever!
Ready to Repeal and not Replace that "disastrous" "job killing" ACA yet?

#12 | POSTED BY DONNERBOY

Well, Repealing the tax penalty for not having insurance did accomplish one thing!

It drove up the cost of premiums again.

#13 | Posted by Sycophant at 2019-09-04 12:54 PM | Reply | Newsworthy 1

When employees realize how much increase in income they could realize if employers were not burdened with healthcare costs

You are assuming the employer is going to pass on the employer Health premiums they were paying for their employees to their employees? Why would they do that? I would'nt. Thats money out of their pocket.

#14 | Posted by boaz at 2019-09-04 01:09 PM | Reply

You are assuming the employer is going to pass on the employer Health premiums they were paying for their employees to their employees?

Actually most employers take out life insurance on their employee's. When the employee(s) die, the insurance pays out. The incentive here is NOT to provide Medical Benefits and to hope they die out quickly.

Tallahassee, FL " The Florida Supreme Court is deciding whether Walmart widowers can sue the corporation for a share of the life insurance policies Walmart purchased in their wives' names. They want some of the $9.6 million the corporation collected when the insurance benefits were paid.

Walmart got the money when 132 Florida employees enrolled in a corporate-owned life insurance program died. When a company names itself a beneficiary on a policy bought in the name of a rank and file employee, it is known as Dead Peasants Insurance.

Eileen Moss represents Walmart. It has paid more than $15 million to settle class action dead peasant suits in Texas and Oklahoma, but in Florida, she argued the law is on Walmart's side.

#15 | Posted by Pegasus at 2019-09-04 02:08 PM | Reply

"You are assuming the employer is going to pass on the employer Health premiums they were paying for their employees to their employees?"

Well, if the employer is not going to do that, all the more reason employers should favor single payer.
More money for profits, less money in worker costs.

#16 | Posted by snoofy at 2019-09-04 02:09 PM | Reply

In April 2002, the Wall Street Journal published an article titled "Companies Profit on Workers' Deaths Through Dead Peasants' Insurance," describing what was then a little-known practice wherein large companies purchased corporate-owned life insurance (or COLI) policies on low-level employees in order to garner tax breaks and profit from their deaths (even if those employees had long since ceased working for the companies that took out the policies). That article addressed the more colorful name by which the practice had become more widely known in subsequent years, "dead peasant insurance," and how it grew to become common after regulatory changes in the 1980s...

www.snopes.com

#17 | Posted by Pegasus at 2019-09-04 02:16 PM | Reply

You are assuming the employer is going to pass on the employer Health premiums they were paying for their employees to their employees? Why would they do that?

----

To attract and retain employees. Employer paid healthcare premiums are part of the overall salary package. Not passing that savings back to the employees would be essentially giving everybody a salary decrease. That's going to piss employees off.

Add to that any single payer system will likely come with a tax increase. So the overall salary package went down but now net pay did as well. Employees will be looking for jobs with better pay.

#18 | Posted by Pirate at 2019-09-04 02:46 PM | Reply

And all thanks to the ACA

#19 | Posted by Sniper at 2019-09-04 03:24 PM | Reply

You are assuming the employer is going to pass on the employer Health premiums they were paying for their employees to their employees? Why would they do that? I would'nt. Thats money out of their pocket.

#14 | POSTED BY BOAZ

Because they already do. That is a big reason why contract positions generally pay higher than direct hire jobs. If I am interviewing for a contract gig without vacation/health care/401k, etc then I am immediately increasing my salary expectation by at least 25% over what I would ask of a similar direct hire job.

#20 | Posted by johnny_hotsauce at 2019-09-04 03:29 PM | Reply | Newsworthy 1

Employer healthcare is a ridiculous system that we accept simply because we're used to it.

Single payer is the solution. Free business owners from the stress and expense of providing healthcare. Free employees to move to other jobs without having to think about health care.

Employer healthcare is too close to an element of slavery - where you have to be loyal to your master because he controls your physical well being.

#21 | Posted by SpeakSoftly at 2019-09-04 04:08 PM | Reply

Employer healthcare is too close to an element of slavery - where you have to be loyal to your master because he controls your physical well being.

That's only exchanging one master for another - the State. At least with employers you can opt out.

Single payer is the solution.

There's always a better solution for every government failure.

#22 | Posted by Ray at 2019-09-04 06:53 PM | Reply

That's only exchanging one master for another - the State. At least with employers you can opt out.

Single payer is the solution.

There's always a better solution for every government failure.

#22 | Posted by Ray

With employers you're stuck at your job because you need healthcare.

With single payer you can find another job if your boss sucks because your healthcare isn't an issue.

Somehow it works everywhere else and you morons think it can't work here for some magical reason.

#23 | Posted by SpeakSoftly at 2019-09-04 07:17 PM | Reply

Ray gets Medicare from the State, and he doesn't care what anyone else gets.

#24 | Posted by snoofy at 2019-09-04 07:18 PM | Reply | Newsworthy 1

With employers you're stuck at your job because you need healthcare.

Haven't had health insurance for at least 30 years. And I don't plan on ever getting it.

Ray gets Medicare from the State, and he doesn't care what anyone else gets.

Technically I have Medicare Part A because I can't refuse it.

#25 | Posted by Ray at 2019-09-04 07:30 PM | Reply

Haven't had health insurance for at least 30 years. And I don't plan on ever getting it.

#25 | Posted by Ray

As if we needed more proof that you're an idiot.

#26 | Posted by SpeakSoftly at 2019-09-04 07:32 PM | Reply

As if we needed more proof that you're an idiot.
#26 | POSTED BY SPEAKSOFTLY

That's the irony. You don't know how to keep your body healthy.
To you people, it's a mystery.

#27 | Posted by Ray at 2019-09-04 07:42 PM | Reply

That's the irony. You don't know how to keep your body healthy.
To you people, it's a mystery.

#27 | Posted by Ray

So when you slip and fall and injure your spine requiring more surgery and therapy than you can afford, what's your plan?

Libertarianism only works in fantasyland. In the real world people get sick and injured.

#28 | Posted by SpeakSoftly at 2019-09-04 07:59 PM | Reply

Life threatening injuries are the one exception. That's a risk I'm comfortable with.

Libertarianism only works in fantasyland. In the real world people get sick and injured.

You have a negative outlook. Not healthy. Causes stress.

A healthy body and a mind free of stress is one of life's greatest pleasures.

#29 | Posted by Ray at 2019-09-04 08:09 PM | Reply

That's four times the inflation rate, compared to "only" twice as much. ~ Danforth

Thats the big lie....

ObamaCare brought premiums inflation rate down, but it was all for show, as deductibles went through the roof, causing no pause in medical spending per capita, only putting the burden on the sick, that had to use the deductibles.
i.imgur.com
www.healthinsurance.org

I was against Obamacare from the start, but I always added one caveat: if it brought down runaway medical inflation, I'd acknowledge that as a success. Here's numerical proof.
#6 | POSTED BY DANFORTH

You weren't and it hasn't....
upload.wikimedia.org

#30 | Posted by AndreaMackris at 2019-09-04 08:29 PM | Reply

Life threatening injuries are the one exception. That's a risk I'm comfortable with.

Libertarianism only works in fantasyland. In the real world people get sick and injured.

You have a negative outlook. Not healthy. Causes stress.

A healthy body and a mind free of stress is one of life's greatest pleasures.

#29 | Posted by Ray

You have a delusional mind, where you wont get injured and if you do you'll forego treatment so that no one else has to pay for you. Because libertarianism is a delusion.

#31 | Posted by SpeakSoftly at 2019-09-04 08:31 PM | Reply

Because libertarianism is a delusion.

That's your excuse to be a slave to government in exchange for protection.

#32 | Posted by Ray at 2019-09-04 08:56 PM | Reply

You are assuming the employer is going to pass on the employer Health premiums they were paying for their employees to their employees? Why would they do that? I would'nt. Thats money out of their pocket.
#14 | POSTED BY BOAZ

Nobody here is surprised that you don't give a ---- about anyone but yourself, Boaz.

#notnews.

#33 | Posted by Whatsleft at 2019-09-05 11:24 AM | Reply

Nobody here is surprised that you don't give a ---- about anyone but yourself, Boaz.

No, What's Left, I just dont give a ---- about liberals like you, always reaching into the pockets of the taxpayers to make yourself feel good.

#34 | Posted by boaz at 2019-09-06 02:59 PM | Reply

always reaching into the pockets of the taxpayers to make yourself feel good.

Daily reminder that most states that are net leeches on the federal government are red states.

#35 | Posted by JOE at 2019-09-06 03:05 PM | Reply

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2019 World Readable

Drudge Retort