News Focus
News Focus
Followers 1
Posts 278
Boards Moderated 0
Alias Born 01/30/2001

Re: mikkj post# 1599

Sunday, 03/25/2001 11:39:25 PM

Sunday, March 25, 2001 11:39:25 PM

Post# of 6491
RE: Mikkj - mental health care insurance

< And I suppose the "collective bargaining power", is why mental helth care benefits still suck for companies like G.M., right? >

How many workers pushed to get better health insurance over higher wages? The companies will only give so much, and its up to the workers to ask for what they want.

< You're missing the point that the insurance companies already think they are at rock bottom. >

So how would an insurance company act when it comes to a large block of people who will get insurance somewhere else if that company will not provide it? The more people act together, the stronger their collective bargaining power. That is what makes unions so good at extorting money from businesses.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today