Since Obamacare was enacted into law, different organizations have come out with different estimates of how many employers will drop health coverage for their employees. This week, the health care consulting firm Deloitte released a new survey that found that around 10 percent of employers would drop coverage and send …
One major concern of Obamacare is its huge incentive for businesses to dump employer-sponsored coverage. Recently, the Obama Administration acknowledged that this is likely, though it did so in an attempt to portray it as a positive outcome of its signature legislation. In reality, Americans will experience severe consequences if …
In yesterday’s Wall Street Journal, Tennessee Governor Philip Bredesen explained how Obamacare has created a situation where the state government and many of its employees will find it mutually advantageous to the get rid of the employer-sponsored insurance program the state currently offers. As we have noted, Bredesen correctly acknowledges …
With a struggling economy and stagnant unemployment rate, the last thing the United States needs is any public policy that will hurt job growth. Unfortunately, Obamacare’s new federally mandated, essential benefits package will diminish new job opportunities, especially for low-income workers. This is expected to occur because the new law …
Obamacare has struck again. Last week, 3M announced plans to drop health benefits for retirees, citing the new law’s impact as a contributor in its decision. In 2013, 3M retirees who qualify for Medicare will lose their current employer-sponsored health benefits, and instead receive a health reimbursement account (HRA) with …
