Posted on 03/27/2010 5:58:00 PM PDT by grundle
Remember the part in the ObamaCare pitch when they said if you like your current healthcare, it won't change?
Turns out it might.
Companies are already announcing that their healthcare premium costs are going through the roof. Some are responding by firing people. Some are cutting benefits. And some are presumably eating it.
But costs they are a-rising.
A few examples from the WSJ:
-- Caterpillar said it would cost the company at least $100 million more in the first year alone.
-- Medical device maker Medtronic warned that new taxes on its products could force it to lay off a thousand workers.
-- Verizon announced to employees that it will likely have to cut healthcare benefits to offset the new costs.
So, people who like your employer-provided health insurance, get ready to pay more or get less.
(Excerpt) Read more at finance.yahoo.com ...
We have seen the best of times and we are about to see the worst of times...
Plan seems to be to cause such conditions that the “masses” will beg for acceptance into favored, enlightened “slavery”, “indentured servitude eventually without the traditional benefits”, with no escape allowed. The govt. will expect the current public to eventually beg for the public option and accept it “on all fours”.
In a choice between freedom and self-determined healthcare and subservience to govt. healthcare, the lesson of the movie Braveheart will be ignored, and the public option of the govt. will be accepted....or so it is thought. Stay tuned.
One of the comments said that Medtronic would sell more since insurance is reuired now. Apparently they don’t realize that most plans don’t pay for insulin pumps or supplies and if they do they don’t cover too much of it! With the new tax the price of a pump now should be close if not over $6000 with supplies costing about $900 every 3 months. I’m lucky my insurance covers my supplies with me paying $200 for them every 3 months.
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