Christian Science Monitor
from the October 28, 2003 edition
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Even biggest firms now cut health insurance
Some 32 percent of employees without health benefits work for large companies, up from 25 percent
in 1987.
By Alexandra Marks
Staff writer of The Christian Science Monitor
Excerpt--
NEW YORK - The foundations of America's private health-insurance market
appear to be slowly crumbling - not just for the poor, but also for working Americans accustomed to middle-class lifestyles.
Large employers, which since World War II have provided comprehensive health
insurance to most American workers, are scaling back coverage. In a few cases, they're doing away with it altogether. ...
In the 1960s, more than 80 percent of US workers had health insurance through
their employers. Today, in the face of skyrocketing premiums, that's down to 62 percent. ...
Copyright © 2004 The Christian Science Monitor
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