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Home Front: Politix
30% of employers plan to drop employee health coverage once ObamaCare kicks in
2011-06-07
What was all that about “If you like your coverage, you can keep your coverage”? Oh yeah, it was what normal people call a lie.

Once provisions of the Affordable Care Act start to kick in during 2014, at least three of every 10 employers will probably stop offering health coverage, a survey released Monday shows.

While only 7% of employees will be forced to switch to subsidized-exchange programs, at least 30% of companies say they will “definitely or probably” stop offering employer-sponsored coverage, according to the study published in McKinsey Quarterly.

The survey of 1,300 employers says those who are keenly aware of the health-reform measure probably are more likely to consider an alternative to employer-sponsored plans, with 50% to 60% in this group expected to make a change. It also found that for some, it makes more sense to switch.


The Affordable Care Act: so affordable it will blow a giant hole in the private insurance industry. But not by accident.

I hope I have health insurance in a couple years.
Posted by:DarthVader

#6  I seem to recall a provision of ObamaCare that made it impossible for insurance companies to write individual policies. Am I remembering correctly?

Not sure where you got that from as it sounds like your saying if I have an individual policy covering myself that the insurance companies can no longer do that?
Posted by: Valentine   2011-06-07 22:24  

#5  I believe you are correct, Elarson. The Health Care Insurance providers have to adhere to Federal Standards so an individual policy is un-lawful.
Posted by: Deacon Blues   2011-06-07 19:49  

#4  I seem to recall a provision of ObamaCare that made it impossible for insurance companies to write individual policies. Am I remembering correctly?
Posted by: eLarson   2011-06-07 19:31  

#3  The other 50 percent got waivers. Their checks cleared. The remaining 20 percent are just screwed.
Posted by: Procopius2k   2011-06-07 18:55  

#2  "If you like your coverage, you can keep your coverage"

I guess he forgot to mention the if you have coverage part ....
Posted by: gorb   2011-06-07 16:56  

#1  Cause meet effect.
Posted by: newc   2011-06-07 15:26  

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