10 Reasons Why Employers — And New Ventures — Won’t ‘Disrupt’ U.S. Healthcare

From Forbes:

Dan Munro writing in Forbes lists 10 reasons why this latest health care venture involving industry titans Amazon, Berkshire Hathaway and JP Morgan Chase (ABC) – or really any group of employers – can’t fundamentally change or ‘disrupt’ U.S. healthcare.

Here is reason number 1:

                            “Employer Sponsored Insurance (ESI) isn’t the product of 

intelligent system design. In fact, there’s no clinical, fiscal 

or moral argument to support this unique financing model at all. It’s quite literally an accident of WWII history and America is the only industrialized country that uses employment as the governing entity for health benefits. We could have changed this accidental system design decades ago, but we never did.”

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Employer-Sponsored Health Insurance on Decline for 10 Years

Employer-sponsored health insurance has been in decline for more than 10 years, according to a report from the University of Michigan Center for Healthcare Research & Transformation in Ann Arbor.

“Many people are concerned that employers will drop employee health insurance as the Affordable Care Act fully kicks in, but the fact is, this has been happening for many years already,” said Marianne Udow-Phillips, director of CHRT.

“The bottom line is, consumers have been paying more for health coverage and employers have been dropping health coverage for more than a decade. These trends are happening independent of the Affordable Care Act,” Udow-Phillips said.

See the full story at CrainsDetroit.com

FAQ: How Is Employer-Sponsored Health Insurance Changing?

Employers are raising deductibles, giving workers health savings accounts that look like 401(k) plans, mimicking the health law’s online insurance marketplaces and nudging patients to compare prices and shop around for treatments.

Together the moves could eventually affect far more consumers than the law’s Medicaid expansion or health exchanges aimed at the uninsured and scheduled to open Oct. 1. Here’s a rundown.

See the full story at KaiserHealthNews.org