Health Care

Health Affairs - Employer-Sponsored, Personal, And Portable Health Insurance - John C. Goodman, Ph.D.

One of the strange features of the U.S. health care system is that the health plan most of us have is not a plan that we chose; rather, it was selected by our employer. Even if we like our health plan, we could easily lose coverage because of the loss of a job, a change in employment, or a decision by our employer.

Most employer health insurance contracts last only twelve months. At the end of the year, the employer may choose a different health plan or cease providing health insurance altogether. Strangely, the only people with private health insurance guaranteed to last longer than one year are people who purchase insurance on their own.