Zeke Emanuel: Employees Will Stop Relying on Jobs for Insurance

Image: Zeke Emanuel: Employees Will Stop Relying on Jobs for Insurance

Monday, 07 Apr 2014 01:43 PM

By Courtney Coren

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Obamacare architect Ezekiel Emanuel offers further explanation about his prediction that the new healthcare law will bring "the end of employer-sponsored insurance" — after his comments were the topic of much debate since he made them in March.

According to The New York Times, there were strong feelings on both sides, with some employers saying they were happy to get out of the health insurance business and anger from employees toward employers for saying they no longer planned to offer health insurance.

Emanuel argues in a new interview with the Times that employers will stop offering health insurance "not because of anything in the law," but because employees will decide on their own to stop relying on their employers for insurance as they start to turn to the individual market.

But one of the dynamics that will have to change for employers to feel comfortable about ceasing to offer insurance is for the plans available on the exchanges to match the policies that employers currently offer.

"If the products available on the exchange are not equivalent to what responsible large private employers are doing, they're not going to send their workers there," he said. "It's just that simple."

In order for that to happen, "the exchanges can offer better products ... But insurers aren't going to develop these plans unless they perceive there's a market for them," and the shopping experience also needs to be improved.

The Affordable Care Act architect said that one "good point against" him is that if employers try to give employees a cash raise equivalent to what they are paying instead of insurance, and eat the fine from the government, it will actually cost the company more to do so.

However, Emanuel said he disagrees with the recent assertion by former White House Press Secretary Robert Gibbs that the employer mandate won't survive.

"No way. He's wrong. Period," he said.


Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Paul Ryan: Obama's Impeachment Talk Is 'Ridiculous Gambit'

Wednesday, 30 Jul 2014 22:32 PM

Rep. Paul Ryan says legislation to deal with the crisis of illegal migrant children is imminent – but broader reform unl . . .

Feds to Give Company $84M for Destroyed Gaza Power Plant

Wednesday, 30 Jul 2014 22:09 PM

A little-known federal agency that helps U.S. companies expand overseas is reportedly ready to fork over $84 million to  . . .

War College to Make Final Decision on Montana Democrat Sen. Walsh

Wednesday, 30 Jul 2014 21:21 PM

The U.S. Army War College will have the final say over whether any punishment is warranted in a plagiarism investigation . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved