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May 11, 2004 -- Corporations forming co-op for uninsured
There is a real distortion in the health care market today. Seven out of 10 businesses, with fewer than 10 employees, cannot get health care insurance for their workers, according to the Chicago Tribune. Many of them are part-time employees or are independent contractors who dont qualify for coverage. It ends up hurting the nations economic strength because many of these small companies are the driving force behind our growth as capitalist society. Thankfully, 50 of the nations largest employers recognize this disconnect, so they have come up with a plan to help. They are interested in creating a co-op or coalition for these workers so that they could get coverage more easily. The concept is to create a single pool of uninsured workers and then in September seek bids from health care companies. The coverage would then start next year. Sears alone has more than 100,000 people who would be eligible for this plan. So, Clark hopes the idea works. The companies participating in the co-op are essentially saving themselves and the general public money by bringing more people in the insured market.
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