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To: Diana in Wisconsin

The deluge is beginning. Once one large US corporation dumps their healthcare costs on gov and reaps savings, their competitors have no choice but to keep up their competitive edge by reducing costs also, unless they made so much money that they can afford to compete with ACA cost burdens.


34 posted on 09/07/2013 11:19:45 AM PDT by Fee
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To: Fee

You betcha. My employer switched carriers last year, saving us all some ching, and has cut all but Managers to 29 hours or less per week. We Managers get to do OUR jobs plus those cut hours, too! (I’m not complaining. I love my job!)

However, I’m wondering what goes away next? He’s spittin’ mad about 0bama being re-elected, let alone elected the first time. Says if he could legally do it, he’d fire anyone that voted for 0bama.

I LIKE that guy! :)


39 posted on 09/07/2013 11:44:37 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Fee
I suspect many of IBMs competitors have no such burdens to deal with because they are much newer companies that don't have the same legacy costs as IBM.

Look at the auto industry, for example. A company like GM was saddled with enormous pension and health care liabilities that many of its competitors -- including those building cars right here in the U.S. -- don't have to deal with simply because they don't offer their employees defined-benefit pensions or lifetime medical insurance coverage.

57 posted on 09/07/2013 2:54:30 PM PDT by Alberta's Child ("I've never seen such a conclave of minstrels in my life.")
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