they're steppin' on my rhythm and they're stealin' all my lines
I would assume that the new plan costs more for the employees and less for the company. They are shifting costs.
No way are health insurance costs going down. They will likely jump significantly in 2014 when insurers can no longer turn away people with existing health issues.
I have a nice job so I'm not complaining about that...but the order of importance for my company and every company like it is:
Several years ago I had the pleasure of hearing James Goodnight speak about corporate culture and why he planned and runs SAS like he does. He says he'd never go public because it compromises #3 and 4 above and if you take care of #3 and 4, #1 and 2 will be fine. Simple, yet few subscribe to it.
Given how rapidly health care costs were rising, it is likely that PPACA made little difference in that trend -- i.e. costs would have done up (and companies providing insurance would have chosen less coverage to save money) with or without PPACA.
Last edited by tjl; 02-10-2013 at 11:16 AM.
One idea I have always had is to give the largest union in the country some completion.
The AMA controls the supply of Doctors in this country by limiting the amount of seats in medical schools.
All of these politicians that spout off about free markets and deregulation... They seem to fog purged this key point.
Mandate 2 or 4 more medical groups.
Make them mall compete.
Open up a glut of medical schools.
Make it similar to the law field... Where a law degree does not promise you a guaranteed bottom end and job protection.
Maybe a free ride medical program where you have to serve govt program customers for 10 years after graduation.
Anyway my thoughts... Healthcare is going to get so expensive in this country that we will finally give up our 'Murican free enterprise pride and adopt universal healthcare. Might be a private/government plan like the Swiss or the Germans. Or it might be straight up Government run.
The lobbys that shield this industry will not be able o quell the uprising that will happen when people start really feeling the crunch of high costs and inadequate insurance.
I highly recommend this book which just came out from someone who actually works in the business.