Two ways to handle employee health coverage: drop benefits entirely and let workers fend for themselves, or give them a taxable stipend to buy their own. The first creates confusion and gaps. The second shifts the burden to employees, who now manage taxes on the stipend themselves.
One is just scrap benefits altogether. Completely eliminate it. We're not going to offer it. You're on your own. Yes. Okay. Problem with that is you have a lot of lost employees now that still need coverage and don't know what to do, don't know who to go to, don't know what they have, don't know what their needs are. Number two would be we'll give you a stipend to help you pay for your coverage, but then that now becomes part of taxable income. But there's nothing on the employee side that they need to do other than give them the money.
