Although, it seems like the most viable option for getting reasonably priced insurance for you family, getting a job may not be the answer that you are seeking. These days it has become a rarity to find a good company with a good quality, reasonably priced insurance plan. Even the largest of the companies are finding the need to cut back and reduce costs by lowering their insurance contributions, cutting back on the quality of their insurance plan or for cutting out the offer of any sort of insurance.

Unfortunately, this has become a necessity because companies just can not afford to keep upping the amount they are donating to pay employee health insurance benefits each year. In addition to this many companies that do offer a decent benefits package take this money from other areas, like employee salaries making it difficult on those who are relying on employer based health insurance to meet their family’s other financial needs.

Many look at the larger corporations and say how could you, but it is truly due to the corrupt nature of our health care system and not really any fault of the larger companies. With each claim all year long the insurance companies reassess their risks and so each year the costs go up. Employers can not afford to keep increasing the amount they pay each year and neither can their employees.

These days employer based health care is becoming scarcer than ever before. More companies are doing away with this benefit entirely due to the financial burden it is placing on them. By cutting out employer based health care benefits they can in turn raise the salaries of their employees allowing them to attract more people to the jobs that they are hiring for.

So although it seems like a viable way to get a good deal on your health insurance coverage, how much are you really saving? After all you are sacrificing better wages for a group health care plan and in the long run, does it all really make sense? It seems as if employer health care coverage is gradually fading away, hopefully just in time for the new government health care system to pick up the slack, otherwise it seems quite feasible that there will be very few insured American’s in the coming years. After all, the crunch is not just on the individuals but on the companies as well. We are all feeling the pinch of a failing economy.

THE THREE MAIN REASONS WHY EMPLOYER BASED HEALTH INSURANCE WON’T LAST MUCH LONGER

1. First, it creates a situation of confusion. What was originally intended as an item that was supposed to be a fringe benefit of employment has now begun to turn on employees. Although most employers and employees believe that the brunt of their health insurance costs are being paid by the employer you might be surprised to learn that most employers pay only about half of the health insurance premiums for their employees and this amount is dropping regularly.
2. Secondly, because of the rising costs of health care in the United States, U.S. based companies are finding it difficult to compete in global markets because of the employer based health care they offer. Due to this benefit they have to raise their prices and cut their profits. No other country in the world offers employer based health care, so this is an issue unique to U.S. companies.
3. Finally because it is linked to employment it is only a temporary fix to a families insurance needs, and therefore it is a very tentative situation that runs the risk of failing a family in the long run.

Employer based health care is helpful; however it is not the answer to the long term health care crisis in this country.