EMPLOYER ADVANTAGES

1)      Significant decrease in costs associated with administration of employee health benefits.

a.       Elimination of Premium Payments for employee health care policies.

b.      Elimination of costs associated with perverse incentives and inefficiencies inherent in the current third party payment procedure driven system.

c.       Discourages lost time-injury claims under Worker’s Compensation

d.      Retards premium increases due to inappropriate Worker’s Compensation claims.

e.       Separates the issue of wage increases from defined benefits.  (Since 2000, the premium costs have inflated by 87%,  far outstripping any employee wage increases.)

2)      Decreases  long-term liability of employer for work place injury and/or disability.

3)      Decreases employer costs for potential litigation:

a.       Health care issues

b.      Retirement Benefits

4)      Eliminates “Job Lock”

5)      Elimination of employee dissatisfaction with group health plan.

6)      Significantly improve market place status of American business via foreign competition due to decreased employee costs.

7)      Overall benefit to general economy due to huge investment dollar increases via EHSA’s.

8)      Employer maintains tax deductibility of contribution for employee health care policy.

9)      Stock holder benefits from direct and indirect cost savings and resultant increased corporate revenues.

10)  Elimination of  the burden associated with administration of employee health care benefits.

a.       Establishment and management of health benefits.

b.      Time and expense associated with employee health benefits

c.       Fielding employee complaints