A Frank Discussion on Offering Medical Insurance to Your Employees
Some employers are so tired of ever-increasing health insurance costs that they are ready to throw in the towel. The advent of the mandated Health Insurance Exchanges (Marketplaces) developed through passage of the Patient Protection and Affordable Care Act permit anyone to buy insurance, even if they are unhealthy.
This is causing some employers to consider eliminating health insurance as an employee benefit, and, instead, increase wages so employees can buy their own insurance. If you’ve been pondering this move, you need to carefully weigh the impact of that decision. Read more.