Remember the promise, " If you like your healthcare you will be able to keep it." Maybe not-------------------Mr. Obama tell me it isn't soooooooooooooooooooooo. LOL
businesses react to rising cost of obamacare: they're cutting benefits: Tech Ticker, Yahoo! Finance
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.
And don't forget AT+T with the 1 billion it will cost them in this year.
businesses react to rising cost of obamacare: they're cutting benefits: Tech Ticker, Yahoo! Finance
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.
And don't forget AT+T with the 1 billion it will cost them in this year.
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