Health Care Hypo
Let me tell you, a “self-funded health insurance plan” that consists of an employer contribution of $2,400 per employee is going to collapse the first time someone in the company requires a quadruple bypass or a liver transplant. Maybe even as soon as a bad flu epidemic hits the company. The whole reason that health insurance “works” (inasmuch as one can say that our system of health care “works”) is because it draws on such a large pool of premium payers.
Which leads me to this idle inquiry: What private company employs the most people?
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