Originally published in Entrepreneur Magazine

By Florence Comite, M.D.

Employee medical benefits are withering. Although most companies still offer health plans as part of their compensation for the rank-and-file, workers who have them are paying more, often much more, and getting less, often much less.

In fact, a recent report from the Kaiser Family Foundation found that employees surveyed were paying 50 percent more on deductibles than they had been five years before — a not-insignificant $1,500 per employee. The increase was an average $2,100 for those working at smaller companies.

We could blame the “gig” economy, Obamacare, the free market, rapacious drug companies, whatever. It doesn’t matter, really, what’s causing this seemingly inexorable problem. Low- or no-cost employee medical benefits — once an expected part of any full-time job in America — are dying, perhaps even, as they say, of natural causes.

It’s only going to get worse…

Read the full article at https://www.entrepreneur.com/article/283490

Florence Comite, M.D. is an Endocrinologist and Founder, Comite Center for Precision Medicine.