“Walgreen’s is the latest firm to drop an in-house health insurance plan. It will pay workers a flat rate. Workers will then have to find a decent plan. Workers will soon find how slim the pickings are. This may make insurance companies more competitive. But there is a huge problem. Large companies got low rates because everyone was insured. The law of large numbers took over. High-risk employees were offset by all the low-risk employees. Now each person will be considered as a separate applicant. High-risk people will be identifiable. Obamacare says that they must get coverage. But will they? We don’t know yet. The health care insurance exchanges are not ready for prime time yet.”
Companies Tell Employees to Find Their Own Health Insurance Policies
- Post author:The Freedom Watch Staff
- Post published:September 21, 2013
- Post category:Network Archives / The Freedom Watch
Tags: Alternative News, Bankocracy, CLibertyC, constitutional liberty coalition, Dr. Government, economic Trends, Economics, for life and liberty, Middle Class Dismissed, Perverse Incentives, Resistance, sound money, The Freedom Watch
The Freedom Watch Staff
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