A new McKinsey & co. study suggests 30% of employers are likely to stop offering group insurance once Obamacare is in effect. The epitome of failure here. Many Employers May Drop Health Coverage After Overhaul, Report Says - WSJ.com
my dad's company quit offering his current plan already. when barack claims you can keep your current plan he acts as if he is not doing everything he can to destroy your current plan.
yeah I read this yesterday and unfortunately was predictable. so as was known a year ago when this was shoved through, there is incentive for the private employers to drop their employees even with the cost of the penalty factored in. this I remember reading at the wsj last year: the socialist experiment continues and its failing spectacularly. Cant wait to see the effect this has on the already crippled economy once its in full-effect.
Sure, the companies are posturing. But insurance companies aren't going to leave all that money on the table. They are going to cut better deals with the companies.
Why would they do that? The individuals are still required to buy plans. The insurance companies can collect more in premiums selling to individuals than they can selling to groups.
The Health Law insurance plans are to be offered at group rates, that's where the savings are. companies would rather cut deals with each company than one with the government.
