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Goodbye, Employer-Sponsored Insurance


driveby
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There are some pretty smart business people out there who would have done what you are saying if it truly would save a company money on the grander scale.

 

the reason they can't is the healthy people will opt for less coverage. and then....well, think of it as peeing in the risk pool.

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We had our quarterly company meeting today. Insurance rep was there telling us that we've basically had a 100% claim amount for the first 5 months of the year (i.e. every dollar paid to premiuims was paid out to claims and thus the insurance company isn't making any money). That's going to obviously lead to increased insurance costs at renewal time next year. His suggestion....it was time for the employees to all get in better shape/health and recommended everyone join a gym. :wacko:

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