[Ipg-smz] GoFundMe and Medical care
Kishore Jethanandani
kishorejethanandani at gmail.com
Thu Jun 27 19:48:57 UTC 2019
Yes, I agree and now the chickens are coming home to roost. No one is
responsible for controlling the budgets. The newly introduced HRA plans
will transfer the benefit money to workers who can spend as they wish and
will likely save when they can and appropriate.
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06/27/19,
12:47:22 PM
On Thu, Jun 27, 2019 at 12:40 PM Stephen Satchell <ipg at satchell.net> wrote:
> On 6/27/19 11:32 AM, Kishore Jethanandani wrote:
> > Employers for too long have delegated healthcare to the HR department
> with
> > disastrous consequences. CEOs have been amiss in taking a strategic
> > approach to cost control. Under ERISA, they have a fiduciary
> responsibility
> > to provide the best care for their employees but they are conspicuously
> in
> > breach of the law. So some people are preparing a lawsuit to take them
> on.
>
> >
> https://www.peoplekeep.com/blog/part-1-the-history-of-u.s.-employer-provided-health-insurance-post-world-war-ii
>
> "In reaction to the wage controls, many labor groups planned to go on
> strike en masse. In order to avert the strike, in a concession to the
> labor groups, the War Labor Board exempted employer-paid health benefits
> from wage controls and income tax."
>
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--
Kishore Jethanandani
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