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Businesses Dropping Insurance For Spouses, Despite Large Profits

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An increasing number of employers are cutting health insurance for spouses.  Thankfully, the numbers are still quite small, but the increasing numbers of spouses being dropped should be reason for concern.

Besides record corporate profits, the insurance companies have been doing quite well also — but this move suggests they want even higher profit margins, since spouses who are not working tend to use health insurance more.

Obamacare is a start, but health insurance in the US still needs to undergo a lot more reform to make it work for more Americans. Between the corporatist Democrats and the run of the mill Republicans, there’s little reason to expect additional reform, no matter how badly it’s needed.  The irony is that America’s health care system is already so much greedier, and less effective, than much of the developed world.  And businesses, and insurance companies, have the nerve to whine about Obamacare, which still leaves American workers far behind most of western Europe in terms of health coverage overall.

Read More at: http://americablog.com/2013/02/despite-record-profits-businesses-dropping-insurance-coverage-for-spouses.html



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