Wednesday, August 21, 2013

40% Of US Companies Altering Insurance Coverage In Wake Of ObamaCare

Even the liberal media is admitting that ObamaCare is turning out to be the disaster to end all disasters...


(CNBC) Mid- and large-sized companies overwhelmingly expect health-care costs to increase under Obamacare—and most are eyeing possible changes to their health insurance offerings because of a looming excise tax for pricier plans under the health-care reform law, a new survey of employers finds.

In fact, 40 percent of 420 companies surveyed by Towers Watson said they will be changing their insurance plans' designs in 2014 in light of the coming excise tax as well as to control employee-related health costs.

And nearly 60 percent of the companies view private health insurance exchanges as a possible way to control their health-care and administrative costs by shifting the work of insuring their workers off to those exchanges in the future.

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1 comment:

Posted By: Chris Carmouche