On March 23, 2010, the Patient Protection and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA) or derisively by some as Obamacare, was signed into law by President Obama. Unless you have been pulling a Rip Van Winkle for the last 5+ years, you are aware that significant changes have been made to the way many Americans receive their health care. Into that breach steps Paul Zane Pilzer and Rick Lindquist, the authors of The End of Employer-Provided Health Insurance: Why It’s Good for You and Your Company.
Right away, on the inner book cover, the authors boldly state the focus of the book, How to Save [Readers] 20 to 60 Percent on Health Insurance! That lead in is certain to get the attention of anyone – and I assume that is most conscious adults – interested in health insurance.
While the book is a fairly stout 248 pages, it isn’t all text; a significant amount of the material is comprised of figures that nicely illustrate the messages being conveyed.
The book’s 17 Chapters are broken down into three distinct Parts. Part I, while quite brief compared to Parts II and III, does a nice job of identifying the problem and offering a solution, employer-funded individual health insurance. Part II, the meaty section of the book, goes into great detail as the author’s provide suggestions on how families can make health insurance work for them. Part III provides guidance for switching to defined contribution healthcare. What is that? It is an approach in which companies allow employees to purchase their own individual health insurance plan independent of the company, and reimburses each employee for their cost up to a monthly healthcare allowance [of defined contribution] set by the company.
A nice feature of the book are the Tips spread throughout the book. These tips clarify or summarize key points; or highlight actions that readers should take. The book concludes with Appendices A and B, a State-by-State Guide to Individual/Family Health Insurance Costs and Is Your Company Required to Offer Employee-Provided Health Insurance? respectively; both of which provide useful information.
The authors make a compelling argument for why employer-funded Individual health insurance is a better option for both the employee and employer. As the PPACA continues to evolve, understanding how to best navigate the healthcare system not only serves the individual and her or his family well, it helps to improve the system itself. Available at Amazon in Kindle and Hardcover formats, The End of Employer-Provided Health Insurance: Why It’s Good for You and Your Company is worthy resource material.
I will be giving away one copy of the book to a reader. To enter the giveaway, simply leave a comment below.
The Giveaway will end, and the winner selected, at 12:00 p.m. (EDT) on Sunday, October 18th.