Dispenser of Negativity
- May 30, 2007
- Reaction score
- Political Leaning
Here's the gist: Thanks to a combination extremely generous subsidies extended even to families making comfortable middle incomes and relatively weak employer penalties, it may be cheaper for employers to drop coverage. In addition, the value of the subsidies may be effectively greater for many employees than the coverage they would have gotten through their employers. Liberal supporters of the bill will no doubt say that's exactly the point—to provide more valuable coverage to those in lower and middle incomes.
There are rumors that my company (which I will not name) is debating in dropping our insurance benefits. Thanks alot assholes!
How Many Employers Will Drop Health Coverage Under ObamaCare? - Hit & Run : Reason Magazine