Tag: healthcare expenditures
The rising cost of employer contributions to employee-sponsored health insurance (ESHI) can slow wage growth and erode the Social Security wage base. Both these effects were evident in the decades before 2005, as ESHI increased as a share of compensation. Fortunately, the ratio of ESHI contributions to compensation plateaued after 2005, stabilizing wages and halting…
I am so delighted that I’m not a health care expert. It allows me to opine without being constrained by complications. Recently, I suggested that the time may have come to consider a single payer system, similar to those in many other countries. In passing, I asserted that the United States already spends substantially more,…
