August 29th, 2013
07:02 AM ET
9 years ago
Employers play Obamacare blame game
New York (CNNMoney) - No more health benefits for spouses. Higher deductibles for employees. More cost-sharing.
Employers are citing increased costs imposed by the Affordable Care Act - as Obamacare is formally known - as part of the reason they are pulling back on benefits.
FULL STORY
This is not news. The larger buisnesses are going to do this because their bottom line is getting smaller because of this law so it's either cut benifits or increase prices of their product. It has to do with the cost of buisness. I don't blame them.
Then you pay the fine. It is not just spouses–they are the Family. Family benefit. Then pay more Taxes.
Yeah we don't need unions, this company clearly can't afford to spend another dime on its worthless employees. how is your boss gonna get his new yacht with your constant needs weighing his profits down with your trivial problems like healthcare
These greedy companies like ups are just trying to increase their profits and blame the aca by the way GOP, the seniors have save over 6.3 billion dallars on prescription drugs according to consumer report magazine . these companies need to be stopped and and the GOP should be trying to be helpful instead of trying to obstruct the law that they wrote only a few years ago of spreading their bs and propaganda against a healthcare program they invented, romneycare that the people of mass love , just because the president got it passed and and the GOP fools did nothing.
In the vast majority of employer provided health plans, there are no significant additional costs. Seriously, how much more does it cost to insure a son or daughter until age 26, instead of age 21? How many employees are over the age of eligiblity for Medicare?
How many employers who have cited additional costs from Obamacare have actually described what those additional costs actually are? One of my sons said the the president of his company explained to everyone how the health plan was changing and raising the deductible, cutting some coverages, and blamed it all on unspecified "increased costs". He said that all of it sounded reasonable until you looked at the expression on the president's face. He looked like he had just hit the lottery.
These greedy companies need to be fined millions of dallars to show. The public that these companies that are just using the law as an excuse to pocket more money and use the aca law as an excuse will not get away with it . Close the loupe holes idiots in congress with an 11% approval rating!!!!!
ACA is an excuse to lower their employee health care costs. I would like to know the actual additional costs that everyone keeps referring to. I don't see them and they certainly haven't been reported on by any reputable news organizations.
There is a limit to what employers can pay........pure and simple. Obama, the fool, thinks there are no limits to what business can pay........and that is simply nonsense.
Big Liberal Plan G South,
Big liberal housing plan go down in flames. Putin Care next in line. Liberal's play too much Fiddle. Old Gunderson no too smart but see this plan already on fire. We need pass bill see what in it. No Free Lunch, that for sure.
steve:
ACA is an excuse to lower their employee health care costs. I would like to know the actual additional costs that everyone keeps referring to. I don't see them and they certainly haven't been reported on by any reputable news organizations.
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The article describes a few costs. One cost is a $1 per employee tax to cover overhead costs of running the programs. What I'm hearing most often is employers who offered plans that could now be described as a "Cadillac Plan", which are assessed an additional tax under the ACA... ...for reasons beyond my understanding.
Most employers are cutting back on benefits and coverages to lose the "Cadillac Plan" designation. Okay, so far, so good. But in the process of cutting back, employers are raising the premiums and drastically raising the deductibles. Your annual checkup goes from a $10-25 office visit deductible to a $100-200 office visit, which makes absolutely no sense. I thought the whole point was preventative care. The deductible discourages preventative care because your annual out of pocket will be $1500 for "Silver Plans".
Rick McDaniel
There is a limit to what employers can pay........pure and simple. Obama, the fool, thinks there are no limits to what business can pay........and that is simply nonsense.
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The corollary to the above says that there are no limits on what employees should be made to pay.
Rudy NYC
"Most employers are cutting back on benefits and coverages to lose the "Cadillac Plan" designation. Okay, so far, so good. But in the process of cutting back, employers are raising the premiums and drastically raising the deductibles. Your annual checkup goes from a $10-25 office visit deductible to a $100-200 office visit, which makes absolutely no sense. I thought the whole point was preventative care. The deductible discourages preventative care because your annual out of pocket will be $1500 for "Silver Plans"."
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It's not the employer who is raising premiums, it's the insurance carrier, and there are reasons. There IS cost to keep a person covered to age 26. There IS cost to cover pre-existing conditions (ever try to have your car insurance pay for damages caused by a pre-existing auto accident?). The insurers are passing these costs along to the empolyer, who pass it on to the employee.
People should take their business elsewhere instead of dealing with these greedy companies, lets make them pay!!!!
Gunderson – why bother sounding like a cave man, when we all know right-wingers already are cave men? Kind of redundant, no?