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In reply to the discussion: Report: Sears To Offer Cash Rather Than Health Insurance Plans [View all]mangermerdeRWfreaks
(39 posts)39. These are also called cafeteria plans in some places
Yes it CAN be abused but the devil is in the details and the details are not available.
FYI many LARGE companies have multiple providers for insurance to comply with all the state and federal laws that currently exist.
I worked for a large multinational before and we had 6 Med Insurance Plans and companies to choose from each year.
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and that fixed amount of money probably will not grow even as health insurance rate go up.
antigop
Sep 2012
#1
yep. that's exactly what it is...and the company decides how big that voucher is n/t
antigop
Sep 2012
#6
and unless the employees belong to a union, they have no control over the amount n/t
antigop
Sep 2012
#7
the article said other companies will be watching..and if they all do it, where are you going to go?
antigop
Sep 2012
#103
IMO it should be either on the employee or the Government, but it sure should not be required of the
Bandit
Sep 2012
#15
especially when the companies see health care as an expense they want to minimize n/t
antigop
Sep 2012
#16
I think there is merit to your remarks. I think part of the problem people had with single payer...
antigop
Sep 2012
#9
Single Payer Now is right. We first need a Dem House, Senate, and Prez. Only then do we
valerief
Sep 2012
#14
I agree...now is the right time...but will the Dems have the backbone to stand up to the insurance
antigop
Sep 2012
#17
Where are you getting that health insurance is a result of pay caps during the war?
Hassin Bin Sober
Sep 2012
#21
Which doesn't explain why it continued after the war. In fact, it was a way to compete for
HiPointDem
Sep 2012
#97
I agree universal coverage is optimal. But it was no less optimal then. Employer health care was
HiPointDem
Sep 2012
#105
a thought as to why employers (especially large companies) didn't push for single-payer
antigop
Sep 2012
#20
most (if not all) large employers are self-insured. Only use ins cos for billing and admin. n/t
antigop
Sep 2012
#34
just like paul ryans DEFINED CONTRIBUTION plan. paul ryan only gives fixed amount
leftyohiolib
Sep 2012
#53
yes...that's EXACTLY what it is. The "fixed amount of money" is your voucher. n/t
antigop
Sep 2012
#58
How "great" it is depends entirely on how much money is offered (and how much of that is taxed)
highplainsdem
Sep 2012
#25
FYI...most large employers today are self-insured. Ins cos used for billing and admin only. n/t
antigop
Sep 2012
#40
self-insured plans are like single-payer -- no insurance company for underwriting. n/t
antigop
Sep 2012
#48
the only thing you will eventually be able to buy is a (very) high-deductible plan. n/t
antigop
Sep 2012
#42
Of couse you do. It's a wonderful way for the healthy majority to fuck over sick people
eridani
Sep 2012
#98
Wonder how much cash they will give when a person has a $100,000 bill for cancer treatment?
Lint Head
Sep 2012
#26
I just sent this to a Repub friend who gets his health care from his wife who works at Sears.
PuppyBismark
Sep 2012
#33
well...he should love it. It's the Republican "consumer-driven" health plan. n/t
antigop
Sep 2012
#35
Our companies will never be competitive in a global market if they keep paying health care.
Exultant Democracy
Sep 2012
#36
and wanna bet the fixed amount of money won't be anywhere near $15k for family coverage? n/t
antigop
Sep 2012
#46
There are very few -- if any companies -- paying $15K a year for employee's families.
Hoyt
Sep 2012
#63
Right now employers cut back their premium share, increase deductibles/coinsurance, etc.
Hoyt
Sep 2012
#50
If it occurs in 2014 -- Obamacare to the rescue with no "pre-existing" exclusions.
Hoyt
Sep 2012
#61
If recent history is any indicator, I'm not optimistic our requests are going to be met.
HughBeaumont
Sep 2012
#76
I don't think enough people have been hurt enough yet by today's health care system.
antigop
Sep 2012
#83
The problem is these workers were probably in self-insured plans and now have to move to the open
antigop
Sep 2012
#84
Oh, nothing to see here...move along. So sayeth the people with insurance.
Safetykitten
Sep 2012
#77
My brother's company is currently studying where to go with their health care benefits
madville
Sep 2012
#100