raouldukesaccomplice

raouldukesaccomplice t1_iy9cn6s wrote

Unless you live in a major city, wouldn't you at some point just run out of companies to job hop to unless you were either returning to places you'd worked before or were willing to move to a different city?

A lot of people basically become "stuck" once they're married and have kids. If they moved, their spouse would have to change jobs too and their kids would be changing schools. They might be moving away from family, etc.

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raouldukesaccomplice t1_iy9bmev wrote

Even companies that do 401(k)s in lieu of defined benefit pensions still often have a vesting period for their share of the matching funds and you could lose that money if you don't stay for at least a few years.

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raouldukesaccomplice t1_iy9b431 wrote

>If I understand this correctly, it would mean that if someone worked for Company A, had their insurance, then developed a chronic condition, they could be denied coverage at Company B's insurance plan if they switched companies.

They would be denied an individual health insurance plan they tried to purchase themselves.

Group health plans offered to employees of a given company, members of a given labor union, etc, can't arbitrarily exclude specific members of that class.

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