Posted 1 year ago on Jan. 20, 2012, 11:53 a.m. EST by FreeDiscussion1
This content is user submitted and not an official statement
There should be a ban on businesses offering to pay for their employees health care insurance,,, and here is why and how it should be done. First, how it should be done. Companies should not offer to "provide" health insurance. However, they should funnel the exact amount of money they were paying for employee healthcare and give that money to the employee. NOTE: The payment to the insurance company would be given to the employee. Then the employee gets their own private insurance and pays for it from the money provided by the employee. What this does. It allows the employee to pick the insurance they want from the company they want that represents the hospital they want to go to. The employee owns their own insurance taking the decision out of the company. In return, the company does not have to spend the time and money on researching all the insurance companies and selecting the one that may not be in the interest of the majority of the employees. And,,,, most important, insurance companies will lower their insurance rates. WHAT????? Yes, lower. HOW? Insurance companies know they MUST provide insurance and the company will pay what ever it takes to get insurance. One large premium for 500 employees means the insurance company knows they will automatically get the value for 500 with little work. If each individual person is looking for insurance then the insurance companies will have to fight for each and every 500 policies, a potential rather than a certain number. Insurance goes down when competition for those 500 kicks in. Let ME decide the best insurance for me and my family, not some lady in the back office.