j-mac
Verified User
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.
http://www.washingtontimes.com/blog...nearly-one-10-employers-drop-health-coverage/
Remember when the HC debate was going on, and the conservatives were saying that employers would just drop their current coverages and pay the penalty /*tax*? Demo's countered with the typical mouth foaming about how stupid that was, and how that would never happen, and oh btw, if anyone thought that they were just plain stupid, liars, or both....
Well, enjoy demo's, it's coming true....aren't you all proud?