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Why Do Employers Provide Health Care in the First Place?
Why Do Employers Provide Health Care in the First Place?
In 2017, Americans spent $3.5 trillion on health care — a level nearly equal to the economic output of Germany, and twice as much as other wealthy countries spend per person, on average. Not only is this a problem for the people seeking care; it’s also a problem for the companies they work for. Currently, about half of Americans are insured through an employer, and in recent years companies have borne the financial brunt of rising costs. Frustrated, many employers have shifted the burden to workers, with average annual deductibles rising by more than 50% since 2013.
·hbr.org·
Why Do Employers Provide Health Care in the First Place?
The McDonald's Hot Coffee Lawsuit
The McDonald's Hot Coffee Lawsuit
part of a links roundup post
So, the real story isn't: "Old lady spills coffee and gets millions." It's "McDonald's ignores hundreds of dangerous incidents for years, then maims a customer for life and refuses to pay her medical bills or change its practices to avoid future incidents. A judge says she's due a fraction of the jury award, but she doesn't get it because McDonald's uses its massive litigation war-chest to force her into a confidential settlement."
The "bloodsucking lawyers preying on innocent corporations" story is a creation of the business lobby, which has, for decades, argued that it should be immune to legal consequences when it harms or kills the public. The cause of "tort reform" is, in actuality, a corporate charter of impunity.
·pluralistic.net·
The McDonald's Hot Coffee Lawsuit