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overtheedge
Member since May 2012
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>End of Employer-Provided Healthcare: By 2020, S&P 500 Companies May Dump 90% of Workforce into Obama - Mish - Global Economic Analysis
Not only logical, but financially wise.
Consider 50 employees at the low figure of $300 each per month. That's $15K a month.

Jobs are in short supply according to more than one metric.
By all appearances we are in, at a minimum, stagflation.
We see increased competition for scarce discretionary monies.
Advantage usually goes to those who implement cost reductions first and save the profits for a rainy day.

The people lacked the bread to insure themselves because of poor spending habits.
They engaged in high health-risk behaviors.
They essentially demanded the PPACA.
Let them eat cake.

I am sympathetic to those who tried to stop this.
Every war demands mass casualties and wealth destruction.


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Beginning of the headline :Companies did not always provide healthcare benefits. But over time, employer-provided healthcare became an expectation, if not a "right". That trend, especially with part-time workers has reversed. Some argue that by 2020, healthcare coverage may go full circle. For example, please consider the McClatchy article Report: large employers could shift nearly all workers’ health coverage to marketplace by 2020 A new investor report predicts that Standard & Poor's 500 companies could shift 90 per... Read More
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