Article Preview

Dan Foster: ACA will benefit business
CHARLESTON, W.Va. -- In 1942, Congress passed a law that, unknowingly at the time, redefined American society. In addition to many other provisions, the Stabilization Act made it clear that wartime wage and price controls did not apply to fringe benefits, such as health insurance.

In a rush to compete for the best employees, many employers began to offer medical coverage as part of total compensation. This historical accident propelled the United States to become the only industrialized country in which employer-sponsored health insurance continues to play a major role. Statistics indicate that nearly 60 percent of insured Americans still get coverage through their employers, a rate that has decreased only slightly over the years with some state-to-state variability.

Article Preview

This is a great article available only to our subscribers.

Dan Foster: ACA will benefit business
CHARLESTON, W.Va. -- In 1942, Congress passed a law that, unknowingly at the time, redefined American society. In addition to many other provisions, the Stabilization Act made it clear that wartime wage and price controls did not apply to fringe benefits, such as health insurance.

In a rush to compete for the best employees, many employers began to offer medical coverage as part of total compensation. This historical accident propelled the United States to become the only industrialized country in which employer-sponsored health insurance continues to play a major role. Statistics indicate that nearly 60 percent of insured Americans still get coverage through their employers, a rate that has decreased only slightly over the years with some state-to-state variability.

Already a subscriber?



Not a registered subscriber?

Home delivery subscribers get FREE digital access to wvgazette.com and the Charleston Gazette smartphone and tablet apps.

Digital Digital+ Bronze Silver Gold Platinum
Charleston Gazette Included in this package Included in this package Included in this package Included in this package Included in this package Included in this package
Daily Mail   Included in this package       Included in this package
Home Delivery / Digital Access Schedule
Saturday Included in this package Included in this package Included in this package Included in this package Included in this package Included in this package
Sunday Included in this package Included in this package Included in this package   Included in this package Included in this package
Monday Included in this package Included in this package   Included in this package Included in this package Included in this package
Tuesday Included in this package Included in this package   Included in this package Included in this package Included in this package
Wednesday Included in this package Included in this package   Included in this package Included in this package Included in this package
Thursday Included in this package Included in this package   Included in this package Included in this package Included in this package
Friday Included in this package Included in this package   Included in this package Included in this package Included in this package
 
  $599 $1099 $1299 $1350 $1495 $2300
  Order Order Order Order Order Order