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Nearly one in 10 employers to drop health coverage

Home - by - July 25, 2012 - 07:00 America/New_York - 4 Comments

Washington Times

About one in 10 employers plan to drop health coverage when key provisions of the new health care law kick in less than two years from now, according to a survey to be released Tuesday by the consulting company Deloitte.

Nine percent of companies said they expect to stop offering coverage to their workers in the next one to three years, the Wall Street Journal reported. Around 81 percent said they would continue providing benefits and 10 percent said they weren’t sure.

The companies, though, said a lot will depend on how future provisions of the law unfold, since most of the key parts are scheduled to take effect in 2014. One in three respondents said they could stop offering coverage if the law requires them to provide more generous benefits than they do now, if a tax on high-cost plans takes effect in 2018 as scheduled or if they decide it would be cheaper for them to pay the penalty for not providing insurance

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» 4 Comments

  1. ThisObamaNation

    July 25th, 2012

    New Televised Ad Campaign Questions Obama’s Eligibility And Seeks To Have Obama Removed From The Democratic Ballot.

    Watch Ad Here

    http://www.youtube.com/watch?feature=player_embedded&v=2t2ZTYRjPP4

    Then Call

    1-800-617-7709

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  2. mortar forkers

    July 25th, 2012

    all according to the plan..

    nothiung better than slow-motion fascism to fuck up the greatest country in the history of man

    thanks for NOTHING DEMS

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  3. Reiuxcat

    July 25th, 2012

    Pay the TAX!

    SCOTUS ruled Washington Times so let’s get with the program, will ya?

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  4. scr_north

    July 25th, 2012

    That 10% is going to balloon to 100% (except of course for unions and government and all the other friends of Obama that got excemptions) withun a couple of years from implementation. A business owner when he looks at the books and realizes that he can barely afford the minimum, mandated coverage but that he can save $2,000 or more per employee by dropping health insurance and paying the annual $1,000 fine/tax/mandate/whatever will cut that benefit just as fast as he can. He also knows his competitors will be doing the same thing and he would need to keep up. The race to the bottom of care quality has begun.

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