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  •  Where did health insurance come from? (0+ / 0-)

    My understanding is that health insurance came around when Roosevelt put a cap on wages. In order to attract and keep employees, companies started offering benefits like health insurance and retirement plans.

    The insurance industry was spawned when companies got tired of running their own health insurance plans.

    These benefits were all supposed to be part of the payment to the workers for services rendered. It seems that more and more, employers are looking at benefits as entitlements that employees never earned.

    In short, they are re-writing history and in the process, pocketing the benefits they once gave to employees as part of their pay.

    The problem is, some of us have been paying attention.

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