As a business owner who does not offer health insurance to my employees, it made me realize I’m possibly being very irresponsible by not offering it to them. At the same time, for me to stay competitive in manufacturing, high(er) labor costs could put me out of business.
How do I offer my employees health insurance so they aren’t racking up credit card debt? How do we as a society get people off the emergency-credit-card-to-the-rescue cycle? How do we offer low cost health care? Since most of my employees are Spanish, I know a lot of them go over the border to the doctor, but that’s not always possible in an emergency.
Does anyone know of any health plans out there I could investigate?
On a related note, this report made me realize how people with a lot of credit card debt find ARMs attractive because they can pay off their credit card debt, and just make one low mortgage payment. The problem is if the lender preyed on their ignorance and got them into a loan that really wasn’t right for them….. and now it’s adjusting. This scenario must be fairly common.
