employer supplied healthcare, what were they thinking
It isn't employer health care per se that is the problem.
The problem is that they traded lower salary now for higher long term health benefits.
Essentially what they said is that we will take x% of your salary now and increase your health benefits coverage. They did this knowing full well that health benefit costs where going up far faster then inflation. They had to know it would cost more in the long run, but it does look better for this years expenses, because the salary reduction reduces costs now, while health care only costs years down the road.
Jay
