Tuesday, September 28, 2004

Pensions and Healthcare: The Manhattan Institute's Dr. David Gratzer has an excellent column on Kerry, Bush, and healthcare at NRO. He also believes that healthcare insurance should be divorced from employment, and likens it to pensions and 401(k)s:

Ultimately, health insurance needs to be moved out of the office. Employer-based coverage doesn't make sense in an age of quick job turnover: The average employee in a small firm works there for just 15 months. Changing jobs today means changing health insurance — and, possibly, family doctors and health networks. Not long ago, pensions were equally archaic; but Washington created 401(k)s, which aren't tied to specific employers. That approach would work well with health insurance. Future reforms could allow employers to contribute to employees' HSAs, then let them purchase insurance.

This truly is the root of our health insurance woes.

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