As already stated

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As already stated, Employer-sponsored health insurance started during the World War II era, and some would agree it is time for a phase-out because it costs more than it is worth (Mulligan, 2021). Employer-Sponsored health insurance strongly encourages work and helps maintain a healthy population by providing insurance coverage to most people that would not have been able to afford it otherwise (Mulligan, 2021). Health insurance is a determining factor of job acceptance for most employees and the one benefit most used and valued. Some of the consequences of greater comprehensiveness of employer-purchased health insurance include a lack of portability and job lock. This type of insurance does not transfer from one place of employment to another and provides fewer plan options. Some of these plans lack universal coverage with a limited number of in-network physicians. Due to the group buying power, employees would be able to purchase health insurance at a lower rate compared to purchasing from the marketplace. Some employers only offer discount-type insurance options that only cover a percentage of the services rendered and the employee will be responsible for the rest of the bill. According to a survey conducted by Wray et al., (2021), it was concluded that people with private insurance encountered a higher out-of-pocket cost and decreased quality of care rendered when compared to those with government-funded insurance or services such as the Veterans health administration. U.S policymakers are continuing their efforts at improving protection for individuals covered by private insurance against increasing out-of-pocket costs (Wray et al., 2021). References Mulligan, C. (2021). The value of employer-sponsored health insurance. https://doi.org/10.3386/w28590 Wray, C. M., Khare, M., & Keyhani, S. (2021). Access to care, cost of care, and satisfaction with care among adults with private and public health insurance in the US. JAMA Network Open , 4 (6). https://doi.org/10.1001/jamanetworkopen.2021.10275
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