Employer health-care coverage has been widespread for most, if not all, of that time. So if my paycheck is slightly down from what it would have been 40 years ago, then 40 years ago I have both health insurance, plus more money (and possibly a defined benefit pension). How am I better off today?
Re:The Post-Ownership Society
by yummyfajitas on Wednesday June 10, 2015 @07:28AM
(#9691253)
I'm certainly better off today - 40 years ago a lot of activities would have been off limits to me. For example, walking, sitting, missionary position, sleeping on my side, basically everything besides lying on my back. Health insurance simply would not have paid $infinity for me to have treatments that were not yet invented.
As you might expect, these treatments have caused the price of health insurance to go up.
Seems pretty logical to me when I look at my paycheck and make that calculation. Am I happy that my employer has control over my medical expenses? Probably not. Am I happy that they get huge discounts from insurance companies on my behalf(and that of their other employees)? Probably am.