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Yavin4

(37,182 posts)

35. You Need Quality Employees To Keep A Business Running

Fri Jun 29, 2012, 02:02 PM

Jun 2012

And if you don't offer health benefits, then you won't attract the kind of talent that you need, even in this economy.

Also, corps. can write off the expense on their taxes.

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Why do employers continue to pay for health insurance? [View all] theaocp Jun 2012 OP

It has an upside for employers Matt_in_STL Jun 2012 #1

Tons of businesses run without offering health insurance. Sick employees get fired and replaced. Zalatix Jun 2012 #10

I definitely agree with your point Matt_in_STL Jun 2012 #20

Yes, that much is quite true. Zalatix Jun 2012 #23

not so much in skilled industries. for unskilled labor it is more common. dionysus Jun 2012 #47

Yeah, this is going to sting unskilled labor, big time. Zalatix Jun 2012 #48

It's cheaper to get a group plan than to pay enough for employees to buy their own. HopeHoops Jun 2012 #2

I don't think that's necessarily true. Most employers pay a percentage of the premium riderinthestorm Jun 2012 #7

Yup, your calcs are correct. Zalatix Jun 2012 #13

wow, do you teach Ethics classes? Ghost of Huey Long Jun 2012 #21

Other businesses won't listen. Sociopathy is the core of capitalism. Zalatix Jun 2012 #22

And THAT is how we will FINALLY get to universal coverage SoCalDem Jun 2012 #26

This is one of the things I have been saying. ACA has flaws which will become glaringly obvious kestrel91316 Jun 2012 #29

Yes, agreed. This is the inherent flaw in "every man for himself". closeupready Jun 2012 #32

Yep, I've been saying this for 2 years now. And I agree 100% that change will come when riderinthestorm Jun 2012 #38

Why did you not drop it before? ieoeja Jun 2012 #34

My husband is only 4 years out from his last round of Stage IV, Grade IV lymphoma. riderinthestorm Jun 2012 #37

You just made a DAMN good argument in favor of single-payer!!! HopeHoops Jun 2012 #44

most qualified employees won't answer an ad that doesn't include healthcare. stlsaxman Jun 2012 #3

Really? In this job market? You think anyone can afford to be that selective? riderinthestorm Jun 2012 #11

And due to the tax/mandatory purchase, they won't be covering their loans now. Zalatix Jun 2012 #14

It was all part of a strategy to attract and keep competent talent KansDem Jun 2012 #27

The only work available in my area seems to be P/T, under $15/hr, no benefits. kestrel91316 Jun 2012 #30

Tax loophole. Nye Bevan Jun 2012 #4

and that counts as expenses for the business so the employer pays less in taxes as well Ghost of Huey Long Jun 2012 #24

Exactly. n/t PoliticAverse Jun 2012 #42

It's a ball and chain they attach B Calm Jun 2012 #5

Definitely true. Laelth Jun 2012 #8

Well Nye Bevan Jun 2012 #49

i wouldn't have health insurance if it weren't for my job fizzgig Jun 2012 #6

savings and efficiency loyalsister Jun 2012 #52

The ACA is a move in the direction to de-couple employment and health care delivery. Ikonoklast Jun 2012 #9

I believe that as well. Employers are going to be dropping coverage. I'm sure of it riderinthestorm Jun 2012 #15

Believe it or not, the auto manufacturers are HUGE supporters of Single Payer. Ikonoklast Jun 2012 #19

Yup, I've read that as well. riderinthestorm Jun 2012 #25

It seems to me that the ACA actually reinforces employer-based health insurance. BlueCheese Jun 2012 #45

Personally, I believe the provision that mandates insurers take every applicant is the key riderinthestorm Jun 2012 #46

Wouldn't the insurance exchanges offer a person the ability to move to a job that..... soccer1 Jun 2012 #51

Access to healthcare shouldn't be tied to a job Lex Jun 2012 #12

+1000000000. nt riderinthestorm Jun 2012 #16

Heavily subsidized tax breaks from the government to corporations for health coverage. yardwork Jun 2012 #17

It started as an incentive to employees....then turned into something they felt they *had* to offer cbdo2007 Jun 2012 #18

Employers aren't really paying anyway. Live and Learn Jun 2012 #28

I know. I don't get that either. closeupready Jun 2012 #31

Because it's a competitive benefit. Gormy Cuss Jun 2012 #33

You Need Quality Employees To Keep A Business Running Yavin4 Jun 2012 #35

If you are unemployed and qualified to be a benefits consultant, you should get a job right now FarCenter Jun 2012 #36

It doesn't seem to make much sense. Quantess Jun 2012 #39

Big companies do it because they actually OWN the insurance "company" or are self-insured. CBGLuthier Jun 2012 #40

Because some business owners still believe in Doing the Right Thing lapislzi Jun 2012 #41

I can definitely see the possibility of a gradual reduction in employer-sponsored health insurance.. Swede Atlanta Jun 2012 #43

Alot of them no longer do Marrah_G Jun 2012 #50

In theory, an employer who pays X for salary and Y for insurance premiums lumberjack_jeff Jun 2012 #53