30% of employers to drop health coverage thanks to odumbocare

[Dave]

30% of Companies Say They’ll Drop Health Coverage Because of Obamacare
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.

“At least 30% of employers would gain economically from dropping coverage, even if they completely compensated employees for the change through other benefit offerings or higher salaries,” the study says.

It goes on to add: “Contrary to what employers assume, more than 85% of employees would remain at their jobs even if their employers stopped offering [employer-sponsored insurance], although about 60% would expect increased compensation.”

A number of competitors will emerge in the insurance market once reform provisions start to take effect, according to the McKinsey Quarterly study. These firms will be needed to provide a transition for those moving from employer-sponsored insurance to other coverage options.

30% of Companies Say They’ll Drop Health Coverage Because of Obamacare|Vision to America

[colo_dually]

Dave, you can't tell me for a moment this comes as any form of a Surprise to you?

The thing needs to get to the Supreme Court ASAP, and be defeated on the Argument on Constitutionality, violation of the 10th Amendment.

[2006PSDSD]

obamacare is genius!!!!

[icysmooth]

I don't know about the court system anymore...especially with the two libtard nut jobs Odumbo got appointed to the bench

It will probably be a 6-3 vote for Odumbo,or at least a 5-4 which will screw us!

My question is...with all the laws of the constitution this idiot has defied...where the heck is the law enforcement to lock him and his scumbags in congress the hell up for crimes against the country.....bottom line...they ARE a domestic enemy.

Why is there no law enforcement on this problem?

Somethings gotta give