|
|
Article: The Future of Employment-Based Health Insurance.(alternatives)
- Article from:
- Journal of Healthcare Management
- Article date:
- January 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 American College of Healthcare Executives. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
EXECUTIVE SUMMARY
A transformation of employment-connected health insurance from a defined benefit to defined contribution arrangement is projected based on new economic realities affecting the competitiveness of the business environment. This article discusses those new realities along with the future of employment-based health insurance.
The business of American business is profits, but, to the detriment of that goal, for the past half century business has also been in the business of providing health insurance for workers. However, in light of previously unencountered pressures on profits, employers are realizing they cannot afford to continue the ...