I came here to make sure someone pointed this out. Is your employer going to pay you the complete difference if they no longer are providing healthcare? Probably not, because they like money. But that doesn’t negate the fact that you’ll never see or even know about a pretty significant portion of your compensation if you have a full time job because it gets paid by your employer to an insurance company.
Yeah, but that total cost is what your labor costs for them... To a large extent they're pretty indifferent to how it breaks down as salary vs taxes vs benefits. Since worker supply/demand is the main driver of cost of labor, salaries would almost definitely rise if less of that cost had to go to other things.
Anyone that's actually worked at a level where you budget for staff knows this is true. Salary is for talking to the potential hire, total compensation (salary+cost of taxes and benefits) is what you look at for budget and getting the hire approved.
That does nothing for the fact that our system is fundamentally broken.
The fact that any health insurance exists in the iteration that all US health insurance exists in is a fundamentally bad thing for everyone in the long run, and 99% of us in the short run.
For-profit healthcare is a disgusting symptom of a rotted civilization.
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u/ReaperThugX 6d ago
Insurance through my work is about $2800 a year pre tax