In light of yesterday’s item, about Obamacare’s regulations prompting companies dropping spousal coverage form health insurance plans, and some companies passing on the entire cost of children’s health coverage on to employees… Jeryl Bier notices another big example:United Parcel Service Inc. plans to remove thousands of spouses from its medical plan because they are eligible for coverage elsewhere. The Atlanta-based logistics company points to the Affordable Care Act, or Obamacare, as a big reason for the decision, reportsKaiser Health News.
The decision comes as many analysts are downplaying the Affordable Care Act’s effect on companies such as UPS, noting that the move reflects a long-term trend of shrinking corporate medical benefits, Kaiser Health News reports. But UPS repeatedly cites Obamacare to explain the decision, adding fuel to the debate over whether it erodes traditional employer coverage, Kaiser says.
USA Today reports employees can expect more of this sort of sudden loss of spousal coverage under their health insurance: “This year 4 percent of large employers surveyed by consultants Towers Watson excluded spouses if they had similar coverage where they work. Another 8 percent planned such a change for 2014, according to the survey.”
1 comment:
And the hits just keep on coming. Tell me again why Republicans don't want to defund Obamacare? Seems to me they'll be seen as heroes by the American people if they do. Maybe they really just want the government to take over 1/6 of the economy, just like the Democrats.
- james from http://www.4-insure.com
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