Large employers drop health benefits as costs rise
https://www.axios.com/2026/09/04/employer-health-insurance-benefit-cut-costsOpen linkView original on lemmy.worldSyndicated from the fediverse. Read and engage on the original instance.
View original on lemmy.worldhttps://www.axios.com/2026/09/04/employer-health-insurance-benefit-cut-costsOpen linkView original on lemmy.world
6 replies
Maybe tying healthcare to employment was a bad idea
Maybe letting the rich gobble up everything was a bad idea
Maybe capitalism was a bad idea
The slide was probably when the IRS made providing insurance a tax shelter for employers. Truman was suggesting a single payer system for the country in 1945, but we went the other way. One thing added to another.
Employer provided healthcare became a thing due to WWII rules preventing pat raises. It then became a great deal for employers, since it was a way to reduce taxes as an expense rather than paying payroll taxes.
Paywall