Coverage Gaps

The Wall Street Journal has an interesting article about large companies in certain industries moving towards employing more part-time workers in reaction to provisions of the Affordable Care Act that will kick in in 2014. What's even more interesting is the graphic that shows the percentage of employees (not including professionals and managers) who are covered by employers' health insurance plans by industry. In other words, the percentage of hourly working stiffs whose employers provide health insurance in different industries. Here's the breakdown:

  • Agriculture: 34% 
  • Services: 41.5%
  • Construction: 46.9%
  • Professional and technical services: 51.4%
  • Wholesale and Retail Trade: 57.9%
  • Health and Social Services: 62.5%
  • Utilities and Transportation: 67.1%
  • Finance: 69.7%
  • Mining and Manufacturing: 71.1%
  • Information Communications and Education: 72.9%
  • Public Administration: 83.9%

That's a lot of working stiffs who don't have even partial coverage from their employers, and a pretty good indication that "Cadillac benefits" are increasingly rare. 

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