I know I’m repeating myself, but just to build on this morning’s post, let me share this item out of North Carolina:
One dynamic that analysts are interesting in observing is whether the health exchange serves as a mechanism for encouraging workers to change employers even in a tight job market.
One traditional drawback for employees leaving a job has been concerns about losing health insurance coverage during a transition period or receiving reduced benefits. With the exchange, health insurance would be portable since it is based on 7 percent of an individual’s or a household’s income, and not tied to the employer’s choice of insurer and plan options.
Making health insurance portable is an Obamacare benefit you don’t hear talked about enough, in my opinion. But it’s a chink in the plutocrats’ control over the workforce. It cuts one of the puppeteer’s strings.
It will indeed be fascinating to watch from a social studies perspective. Will people feel freer to pursue their passions, be it at another career or even as an entrepreneur? Will people fee freer to leave their jobs and get new work skills by returning to school?
I predict this portability will be a subtle but over time increasingly important change for American workers. Surely most people will stay at their jobs but, over time, as the realization that this important area of a person’s life is no longer out of their control, the change will be profound.
Millennials have all the luck.