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Fox: Many large companies dropping health care insurance for their retirees
Fox News Channel | 3/25/10

Posted on 03/25/2010 10:25:48 AM PDT by pabianice

Just announced on Fox. One of the first "benefits" of Obamacare is news that companies with large populations of retirees that now have health insurance through their former employees will, instead, be dumped and forced onto Medicaid and Medicare. The resulting fines for the companies will be far less than continuing to pay for retirees' medical care. It's all allegedly legal under ObamaCare.


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: 111th; bho44; bhofascism; bhohealthcare; bhosocialism; democrats; economy; healthcare; hopeychangey; lping; obama; obamacare; pelosi; publicoption; seniors; singlepayer; socialism; socialisthealthcare
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1 posted on 03/25/2010 10:25:48 AM PDT by pabianice
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To: pabianice

But if they like their plan, they get to keep it, right? Obama promised.


3 posted on 03/25/2010 10:27:28 AM PDT by Question Liberal Authority ("We can't control nature" - Barack Obama, Feb 27, 2010)
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To: pabianice

This is the slippery slope toward Single-payer.


4 posted on 03/25/2010 10:27:45 AM PDT by wac3rd (SYCASUSE)
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To: pabianice
shocking!

Who could of seen this coming!

....

Oh yeah! Republicans have been saying during the entire debate this is what would happen.

Democrats are the stupidest people on earth, I guess there is a good reason they usually live in the projects.

5 posted on 03/25/2010 10:28:13 AM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: pabianice

Or these companies will move off shore and not pay anything. So much for jobs.


6 posted on 03/25/2010 10:28:14 AM PDT by BigFinn
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To: pabianice

Result?: U.S. Dept. of Health Care Insurance


8 posted on 03/25/2010 10:28:21 AM PDT by Rennes Templar
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To: pabianice

..and so it begins


9 posted on 03/25/2010 10:28:33 AM PDT by Buckeye McFrog
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To: pabianice

The natural law of business says that the large can only get so large — and eventually will shrink as smaller companies grow. This leaves larger companies with a large number of retirees that can only add cost to the companies. Obamacare gives them an out. Corporations loyalty needs to be with their shareholders, and cutting expenses is one way they prove their loyalty.


10 posted on 03/25/2010 10:28:59 AM PDT by mlocher (USA is a sovereign nation)
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To: pabianice

but...but...but...Dear Leader said we would be able to keep our own insurance!!


11 posted on 03/25/2010 10:29:28 AM PDT by NMEwithin
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To: E. Pluribus Unum

Of course. Dump the profit killing company health insurance under Obamacare and force them onto the Government plan.

Good luck. You’re on your own.


12 posted on 03/25/2010 10:29:37 AM PDT by Col Frank Slade
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To: pabianice

Hopefully GM UAW retiree thugs and other union thugs will lose their Caddilac healthcare. Eff em.


13 posted on 03/25/2010 10:29:57 AM PDT by Frantzie (McCain = Obama's friend McCain called AMERICANS against amnesty - "racists")
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To: Thane_Banquo

And Obama, his family...Congress and their staff....are all EXEMPT from Obamacare.


14 posted on 03/25/2010 10:30:12 AM PDT by Blue Turtle
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To: pabianice

Why didn’t we hear from large and small business during all of this?

They were complicit.

It’s in the plan for single payer, which is the real goal...Put the Insurance companies out of business, forces all onto government healthcare/deathcare.


15 posted on 03/25/2010 10:30:16 AM PDT by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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To: pabianice
The resulting fines for the companies will be far less than continuing to pay for retirees' medical care. It's all allegedly legal under ObamaCare.

If its legal... why would they have to pay a fine?

Just say'n

16 posted on 03/25/2010 10:31:34 AM PDT by GregoTX (I am the resistance)
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To: pabianice

Isn’t this the norm? I retired early & have to pay for my insurance until I’m old enough for Medicare. My sweetie, who’s a bit older than me, was dropped from insurance when he became eligible for Medicare. It didn’t seem as if there was a choice!


17 posted on 03/25/2010 10:31:36 AM PDT by Twotone (Marte Et Clypeo)
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To: pabianice

How many union retirees will be effected?


18 posted on 03/25/2010 10:32:14 AM PDT by EdReform (Oath Keepers - Guardians of the Republic - Honor your oath - Join us: www.oathkeepers.org)
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To: pabianice
The Democrats who instituted Jim Crow, the Democrats who stood in the schoolhouse door to block integration -- those Democrats artfully convinced much of the nation that Civil Rights were their idea. Their most loyal supporters today are blacks. It makes no sense, but there it is.

Watch out.

The horror stories of retirees losing coverage? The disappearance of private insurance companies? The coming rise in premiums? The looming doctor shortages?

Those are all Bush's fault. The old, the sick, the poor will likely blame all the problems of Obamacare on Republicans.

19 posted on 03/25/2010 10:32:14 AM PDT by ClearCase_guy (I do not want the Union to be maintained. I want the US to break up. I support secession.)
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To: pabianice

Obama said we would keep the insurance we have.

He lied.


20 posted on 03/25/2010 10:32:14 AM PDT by LowTaxesEqualProsperity
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