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Tuesday, June 07, 2011

Firms to cut health plans as reform starts

Mission accomplished: 
Once provisions of the Affordable Care Act start to kick in during 2014, at least three of every 10 employers will probably stop offering health coverage, a survey released Monday shows.




While only 7% of employees will be forced to switch to subsidized-exchange programs, at least 30% of companies say they will “definitely or probably” stop offering employer-sponsored coverage, according to the study published in McKinsey Quarterly.
It looks like the firms that don't get waivers will drop health care insurance as a benefit.

Remember this Obama lie?
"There's nothing in the bill that says you have to change the health insurance you've got right now. If you were already getting health insurance on your job, then that doesn't change."
The bill is all about destroying your current coverage.  Suckers!

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