Most people with employer-sponsored health plans are satisfied with their insurance. Sure, it doesn’t cover what it used to, but it is better than the alternative. Where I work, we pay $400 a month to insure our families. But that isn’t what it costs. My employer kicks in an extra $1,600; it actually costs $2000 a month. Unbelievable!
Suppose your boss stopped providing health benefits because it cost too much (it could happen). Imagine that they were going to give you the money to buy your own insurance in today’s market. Would you spend $2,000 a month ($24,000 a year) for health insurance if it was your own money? I wouldn’t. That’s why health care reform is so important. It’s big money.
The Affordable Care Act is one way to try to bring down costs. It’s not perfect, but we have to start somewhere. Don’t think health care reform matters to you? It does the instant you lose your job.