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Companies Examine Health Care Law's Effect on Employee Coverage (How's That Hopey Changey Thing?)
Fox News ^ | 10/24/2010 | AP (Yes, AP)

Posted on 10/24/2010 7:23:05 AM PDT by tobyhill

The new health care law wasn't supposed to undercut employer plans that have provided most people in the U.S. with coverage for generations.

But last week a leading manufacturer told workers their costs will jump partly because of the law. Also, a Democratic governor laid out a scheme for employers to get out of health care by shifting workers into taxpayer-subsidized insurance markets that open in 2014.

While it's too early to proclaim the demise of job-based coverage, corporate number crunchers are looking at options that could lead to major changes.

"The economics of dropping existing coverage is about to become very attractive to many employers, both public and private," said Gov. Phil Bredesen, D-Tenn.

(Excerpt) Read more at foxnews.com ...


TOPICS: News/Current Events
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1 posted on 10/24/2010 7:23:11 AM PDT by tobyhill
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To: tobyhill
The new health care law wasn't supposed to undercut employer plans ...

Fools ... THATS WHAT IT WAS MEANT TO DO !

2 posted on 10/24/2010 7:25:23 AM PDT by dartuser ("The difference between genius and stupidity is genius has limits.")
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To: tobyhill

As predicted by everyone but El Bozo and his cohorts in the Congress, employers are dumping health care and the government will be the insurer of last resort...just as planned. This should not be news to anyone who was paying attention.


3 posted on 10/24/2010 7:25:50 AM PDT by kittymyrib
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To: tobyhill
Power has been abused and exploited by Democrats. Forget the polls, forget the media spin. Go to the ballot box and put an end to the Dem Party on November 2, 2010.

The Rats are shovel-ready for the dust bin of history.

TRICK OR TREAT-3sm

4 posted on 10/24/2010 7:29:20 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: kittymyrib

Yep. Socialism at its best. Before the end of this President’s term, I guarantee we will have a majority getting from the welfare state of America.


5 posted on 10/24/2010 7:31:49 AM PDT by tobyhill
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