Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (103888)	2/11/2009 4:02:45 PM
From: Cogito	Read Replies (1) \| Respond to of 541921

>>Since I don't like the thinking that the government should pick up the slack on everything, this occured to me a few days ago. Companies that are laying people off could be required to either pay the COBRA for the duration of the unemployment period or continue carrying the employee on the company group plan. Or carrying the laid-off employee on a bare bones, catastropic coverage type plan. The company is already saving money by the amount of the salary that would have been paid, so covering the health care expenses should be doable for most large companies.<< Kate - When a company considers layoffs, the management first decides on a dollar amount that they want to save, then figures out which employees to lay off to meet that number. If you add other costs to the process, the net effect will be that more people will be laid off. So while it seems like a good idea, I'm not sure it is. - Allen