Friday 14 September 2012
High unemployment has given companies more bargaining leverage over their workers, who have to accept lower real pay and benefits or risk losing their jobs. When it comes to health insurance, employees increasingly have to choose between health-insurance policies with sky-high premiums or with sky-high co-payments and deductibles. And since they can’t afford the former they’re opting for the big co-payments and deductibles – or no insurance at all. The result is fewer visits to the doctor and less use of other medical services. Robert Reich: The Wrong Way to Save Money on Health Care ☀
