Thursday, August 2, 2007

Severance Insurance

Just a thought...If we are beginning to prove that there is an underlying economic validity to the idea of an insurance company offering severance insurance (financial severance), then couldn't some of the underlying economics possibly be directed towards what I call service severance?

Why not take some of the financial leverage and use it to help workers get back to work? It would benfit the worker, the insurer and the displacing corporation.

Pretty simple, eh? You'd think so. But I'm still blown away by the fact that corporate America isn't pursuing this idea.

Anybody got any thoughts on why?


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