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Employers could save billions by dropping workers from health plans, report shows
foxnews.com ^ | 5/1/12 | Jim Angle

Posted on 05/01/2012 11:42:07 AM PDT by ColdOne

A new survey of Fortune 100 companies finds that the health care overhaul, contrary to the claims of its authors, created some perverse incentives for employers to drop workers from company insurance plans.

Republicans on the House Ways and Means Committee surveyed the top 100 companies about how much they spent on health care -- a total of 71, covering 5.9 million employees, responded. The results suggested it would be far more attractive for companies to drop workers from those plans than keep them.

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


TOPICS: News/Current Events
KEYWORDS: deathpanels; duh; healthinsurance; marxistcoup; obamacare; rinos; singlepayer; unexpected
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To: traumer
"Killing them will save even more !"

HAHA Hahahaaaa.. Good one. How about the employers claim bankruptcy then go on the government dole? It seems that everything that makes America unique is being stripped from our landscape. Employer health plans, 401k 'company match' contributions, etc., were an effort by employers to LURE and KEEP good employees. Now since people will take just about any job they can find, there's no incentive for employers to offer perks. Obama has created a slave state where we're happy just to get our one piece of bread and small cup of water. Thank you, almighty one! /sarc

21 posted on 05/01/2012 12:36:10 PM PDT by GeorgeWashingtonsGhost
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To: PeteB570

Exactly. This was the plan all along. The whole structure of 0bamacare is just lies piled on lies.


22 posted on 05/01/2012 12:37:54 PM PDT by henkster (Wanted: Politicians willing to say "No" to people. No experience required.)
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To: PeteB570

You get the employers out of providing health care first, then push everyone into government run exchanges, followed by a single payer system. That was the plan all along. Obama said it himself.


23 posted on 05/01/2012 12:44:44 PM PDT by kabar
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To: ColdOne

I can see the fine for companies not to provide health insurance would rise rapidly.

Is there a mechanism in obamamcare for this fine to increase automatically? Or does the HHS secretary has the authority to increase this?


24 posted on 05/01/2012 12:45:14 PM PDT by rawhide
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To: ColdOne

More of a reason for the USSC to strike down the entire law!


25 posted on 05/01/2012 12:46:15 PM PDT by rawhide
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To: RFEngineer

First they force every one onto Medicaid who is on Medicare. Do you know anyone on Medicaid?


26 posted on 05/01/2012 12:47:03 PM PDT by Mamzelle
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To: RFEngineer
Medicare represents a $40 trillion unfunded liability. If not changed it will consume the entire federal budget.


27 posted on 05/01/2012 12:52:28 PM PDT by kabar
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To: blackdog
Just curious, is Ceridian running the audit?
I am up to the marriage certificate part of mine, righteous pain in the ass..
28 posted on 05/01/2012 12:54:02 PM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: NEMDF
You are correct. Companies are keeping tight lipped on this but some have corporate branches who's insurance claims dwarf the main company's. Investigations reveal that there are indeed several ineligible people on their employees insurance. The HR and management people responsible for stopping this were either asleep at the wheel or being paid to look the other way. A deadline could mean that there was something illegal going on. If after the deadline some people suddenly lose their jobs is a good indicator as to that being the case. Some of these cases have gone on for years. Of course the company can decide just to eat the cost but in the end, somebody didn't do their job.
29 posted on 05/01/2012 12:58:15 PM PDT by Hillarys Gate Cult (Liberals make unrealistic demands on reality and reality doesn't oblige them.)
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To: ColdOne

This was the reason for the bill in the first place, this is the ONLY reason for the Bill.. to make EVERYONE even the producers dependent on government. Pure and Simple... anyone telling you otherwise is LYING.


30 posted on 05/01/2012 1:00:29 PM PDT by HamiltonJay
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To: ColdOne

Healthcare costs at my employer was $9,120 per employee in 2010. Of that $4,023 was paid by the employee so the company actually spent $5,097 per employee. At around 400,000 employees that means they spent ~$2B. After paying the fines the company would net $1.2B more to the bottom line. Costs have been increasing about 10% per year so they would probably be doing better than that.

Why would they keep paying for insurance?


31 posted on 05/01/2012 1:11:28 PM PDT by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: blackdog

My hubby’s company did the same thing a few years ago. After the “audit” they reported that they found 400 ineligible people on the plan. But somehow, the rates didn’t go down.

Then.... they started this b.s. where hubby has to do “their” physical and not have 3 or more “risk factors” in order to save $500 on the following years premium. If you have 3 or more risks then you have to do their “losing weight” online program to get the discount regardless of what the risk factors are.

Well this time they are requiring the spouse to take the physical as well for a savings of $1500 on next years premium..... Not gonna happen.

It has already begun.


32 posted on 05/01/2012 1:17:57 PM PDT by Grumpybutt ("Mothers go where angels fear to tread....")
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To: kabar

The solution of course is not more medicare, but if the goal is single payer, that’s how it will happen, because they’ve got it halfway there already.

I didn’t say it would be paid for......Of course it won’t be paid for!


33 posted on 05/01/2012 1:20:41 PM PDT by RFEngineer
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To: traumer
Killing them will save even more !

LOL!

Pay them what Chintofat pays Communist peasants in Walmart sweat shops.

34 posted on 05/01/2012 1:25:24 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: rawhide

“More of a reason for the USSC to strike down the entire law!”

Ok, I agree Obamacare should be struck down.

Then what? Do you think that there is no limit to what employer-paid health care can cost and still be available to employees?

No matter what happens with Obamacare, employers will still be unable to profitably operate forever when medical costs exceed inflation.

Many have already reached that point.

So, again, then what?


35 posted on 05/01/2012 1:32:34 PM PDT by RFEngineer
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To: ColdOne
Employers could save billions by dropping workers from health plans, report shows

For a few years, it would.

Then the government, who could not possibly afford to treat all these people, will come in and rape the employers with taxes.

You know, "to make up for the fact that we picked up everyone you dropped".

And one more step towards communism.

36 posted on 05/01/2012 1:38:35 PM PDT by Lazamataz (To the wall, street occupiers!!!!! (credit: WilliamofCarmichael))
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To: HamiltonJay

“...to make EVERYONE even the producers dependent on government. Pure and Simple.”

More than that. It’s to convert the USA into a European style socialist state. The socialists will use medical care as the mechanism for vast expansion of government, not just for medical care.

The argument conservatives must make is that the government must be removed....completely removed from health care in order to maintain a robust healthcare system for everyone.

When a plurality of people get something for “free” you are asking the impossible. A “You pay for yours, I pay for mine” is the solution, but you gotta convince those that get it for free to play along.

It will never happen, until government healthcare fails completely - THEN people who get it for free will agree to pay for their care - not one second before, and we can proceed on the basis of willing buyer/willing provider (free enterprise).


37 posted on 05/01/2012 1:41:57 PM PDT by RFEngineer
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To: PeteB570
The "plan" all along as been for "Single Payer" and the Feds in control.

Anyone who doesn't realize this isn't listening....

38 posted on 05/01/2012 1:48:11 PM PDT by Osage Orange (The MSM is the most dangerous entity in the United States of America.)
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To: Signalman

Businesses have been wanting government healthcare for years.


39 posted on 05/01/2012 1:51:24 PM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: blackdog
Who the heck has their marriage license of 30 years ago? Why the FU$% do I need to send them a copy of our 1040?

To be sure that you filed a joint return and are willing to face the IRS to defend your marital status (IRS trumps penalty of perjury, those guys play hardball). It's to weed out all the HINO's and WINO's (no pun intended). I'll bet there is a clause about living together as "man and wife" in the policy although they probably were forced to amend that to "man and whatever."

40 posted on 05/01/2012 1:54:10 PM PDT by NonValueAdded (SpaceX Dragon launch to ISS, Cape Canaveral AFS, May 7, 9:38 AM EDT)
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