The Twilight of Employer-Sponsored Health Insurance?The Twilight of Employer-Sponsored Health Insurance?

Geoff Lewis, editorial director, Financial Services Division, Penton Media

There's a lot of talk lately about revamping our health care system to address its outrageous costs and the millions of uninsured.

In Tuesday's State of the Union speech, President George W. Bush brought up no fewer than three approaches to making health insurance more affordable for individuals and small business. The governors of California and Pennsylvania are following Massachusetts with state mandates for universal health insurance, and other states are looking at similar legislation. Senator Edward Kennedy (D.-Mass.) is talking about a federal system based on the new Massachusetts model. Ron Wyden (D.-Ore.) is floating a proposal to create a national health ...