“The primary villain in the multi-year erosion of the value of the employer-provided health benefit, and private insurance generally, has been drug costs.”
Is the Drug Industry an Existential Threat to the Private Health Insurance Business?
“Because of the impact health insurance costs are having on take home income, we are at risk that the historical attractiveness employees and their families have had for employer-based health insurance will be lost.
If the health insurance industry loses the support of employer-plan participants it will have lost the firewall that has made voters reluctant to support government-run health care…. [T]he primary villain in the multi-year erosion of the value of the employer-provided health benefit, and private insurance generally, has been drug costs.”
Bob Laszewski’s Health Care Policy and Marketplace Review
