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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (3612)7/26/2002 5:58:44 PM
From: XBritRead Replies (1) | Respond to of 306849
 
Almost all of the increases in employment compensation costs result from price increases in health insurance. "Workers" are definitely not feeling more affluent because of that. In most cases it's hurting them because their co-pays are going up also.

In Calif for example, one of the most widely used plans is Blue Cross PPO. It's virtually impossible now to find a specialist who takes the PPO insurance at the in-network provider rate... almost everyone has to pay the much higher out-of-plan rates.



To: Tradelite who wrote (3612)7/26/2002 6:02:27 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
I don't want to burst your bubble (I know touchy subject here-bubbles) , but included in that figure is the rising cost of medical benefits. The cost to the employer is rising as well as the share that the employee is shouldering because the costs are rising faster than the 4%.

Now factor in rising labor cost with shrinking profit margins for debt laden corporations and you have a prescription (and no that isn't covered by your plan) for disaster.


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