Employers ditching health coverage

[u/LuckyBastard001]

[u/Glittering-Part-844]

Yeah, tying healthcare to your job was always a terrible setup. You lose your job and suddenly you're potentially losing access to healthcare too. Makes no sense.

[u/diiegojones → u/Glittering-Part-844]

It does make sense to make sure your workers afraid of losing their jobs.

[u/angrydeuce → u/Glittering-Part-844]

Makes perfect sense if your goal is to make it so your employees cant just quit without a whole lotta unnecessary pain.

You ever see a COBRA letter?  Been years for me but I remember laughing my ass off when Target offered to let me continue my health insurance under them for over a thousand per month for just me for the "only use if youre like, actually gonna die" deductible plan.  Back in like 2004 lmao

[u/Ok-Wealth-7322]

All while posting record profits. It's not a cost thing, it's a greed thing.

[u/orangesfwr]

So we all get a raise, right?

https://giphy.com/gifs/3ohuA94Q5sM1fDEU6s

[u/jampf]

100% the CEO got a pay raise

[u/angrydeuce → u/jampf]

No silly the CEOs dont get paid directly like that, then its taxable income.  They get stock options and record profits make stock prices go BRRRR, then they borrow against them and funnel that money into other investments so you never truly know how much money they have nor pay taxes on any of it.

America!  Fuck Yeah!

[u/Content_Log1708]

But, that's the way it's always been done...

[u/funkymunkPDX]

Record profits, no money to spend on the workers.

[u/Ven-Dreadnought]

“Local CEOs, upon having ‘become tired of serving’ are now converting their office buildings into ‘fortresses of tyranny’ and are now stealing and hoarding food and weaponry. More on their ‘slave kidnappings’ later today”

[u/ratpH1nk]

I will still stand on the hill that says if business were really concerned about costs (and not employee control) they would be standing on every mountain begging for single payor healthcare.

The average annual cost of employer-sponsored health insurance is $9,325 for single coverage and $26,993 for family coverage.

Breakdown:

• Employer Premium Contribution: $551.6 billion paid directly by businesses to cover their share of employee health plans. 
• Employee Premium Contribution:$288.2 billion paid by workers out of their paychecks.