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That doesn't mean they're forced to do so, like some are trying to get at.
They aren't compelled to do so, and many employers continue to provide health insurance (often better or cheaper than what's available on the exchanges) to retain their talent.
However, some employers just don't care and will drop the coverage to enhance the bottom line. There's nothing stopping this either.
They aren't compelled to do so, and many employers continue to provide health insurance (often better or cheaper than what's available on the exchanges) to retain their talent.
However, some employers just don't care and will drop the coverage to enhance the bottom line. There's nothing stopping this either.
problem is, employers aren't giving employees anything in place of it ( like an increased salary, or more vacation time), so this change only benefits the company
problem is, employers aren't giving employees anything in place of it ( like an increased salary, or more vacation time), so this change only benefits the company
Gee, when there were increasing benefits weren't unions a factor? It has not been much discussed that union decline has corresponded with decline in pay and benefits. My personal choice many years ago was to quit several jobs when I would have had to join the union. In retrospect I think that may have been a mistake. The couple of guys that I know that chose to stick it out and join retired earlier with benefits. It amazes me that many who gripe about this are jumping to the Corp news media bait that unions are all bad. Too big seems to be bad whether Corp or union. Two of my kids on an upward path in a private company are getting screwed shortly after the two companies went public.
They aren't compelled to do so, and many employers continue to provide health insurance (often better or cheaper than what's available on the exchanges) to retain their talent.
However, some employers just don't care and will drop the coverage to enhance the bottom line. There's nothing stopping this either.
Society is changing and some employers just aren't with the program. Those who extended generous or whatever spousal/family coverage that aren't happy SSM and or gays having children use ACA or other excuses to drop coverage.
Even without qualms mentioned above some employers are making cutbacks on spousal coverage. UPS among others has or will begin to remove spouses of certain employees from their health plans if said persons have access to coverage elsewhere.
Some businesses are giving employees increase in wages when they drop health coverage usually under the theory they will use that money to purchase coverage. OTOH yes, there are those who are simply eliminating insurance but not giving any sort of increase.
Large corp. America still offers benefits to their FTE the rest are forced to temp positions with no benefits. Smaller companies are cutting left and right. It's one of the reasons I am leaving my job. The worst health plan I have seen, major medical only.
You are going to see more and more spousal coverage dropped. And they will at some point make family coverage so high. That few will be able to afford it. That the thing people just do not get society is changing. Meaning costs for health benefits will keep going up. They will go up much faster then wages or profits. At some point they will pass a good part on to you. I am talking like you pay half they will pay half. They have been paying most of the cost. There are not going to keep doing that. So they will hire more temps part timers or contractors. And offshore more jobs along the way. They want to cut your benefits way back. May it will be this year or ten years down the line. You are going to pay a whole a lot more and get a whole lot less. That is if you even have benefits to start with.
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