So I started my MBA, and we have a case concerning employer provided healthcare. We are supposed to decide whether to advise the CEO of XYZ company on whether or not it would make sense to instead pay people more money so they can go out and get a plan that fits their specific needs.
I thought it would be interesting to post here, first because I would be interested in hearing everyones thoughts as I compile my research for this and second I thought it would be an interesting topic to discuss. Is employer healthcare helping to keep insurance costs high because the increase in costs do not directly come out of their paycheck? (at least typically) Would the system be more efficient if people got to specifically pick their plan after comparing multiple companies and plans. From first hand experience I have never had more than 3 or 4 choices for a plan. Anyways I figured posting this was worth a shot at getting some differing opinions. Any really great posts will be cited in my case using the APA guidelines