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Businesses Consider Dumping Employee Health Coverage
Fiscal Times ^ | 09/12/2014 | BY BRIANNA EHLEY

Posted on 09/12/2014 9:43:11 AM PDT by SeekAndFind

As new provisions under Obamacare began to take effect, more and more employers are considering shifting their workers onto private health exchanges—instead of offering the traditional employer-based plans.

A new survey of 1,200 businesses released today by the PricewaterhouseCoopers Health Research Institutes (PWC) found that one third of employers are now considering shifting their employees onto private health exchanges.

The employers say that new costs and regulations brought on by the Affordable Care Act are prompting them to rethink the way they offer benefits to their employees.

Some companies, for example, are moving toward a model where they would give their workers a fixed sum of money that employees would then put towards a policy of their choice sold on the health exchanges. Researchers say that the exchanges might be the best option for workers and businesses, since it reduces the administrative burden for companies, and offers benefits like consumer decision for workers.

“Early tremors in the market suggest a coming paradigm shift from a business-to-business model toward a business-to-consumer model of purchasing healthcare,” the report said.

Right now, more than 150 million Americans receive health coverage through their employers, but health policy experts and researchers expect that to change in the years ahead as the ACA begins to take hold. For instance, the employer mandate –requiring businesses with 50 or more full-time workers to offer coverage to their full-time employees or pay a stiff penalty--will take effect in January of next year. So employers will have to decide whether to provide direct coverage or search for alternatives.

(Excerpt) Read more at thefiscaltimes.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: 0carenightmare; business; cancellations; healthcoverage; obamacare; obamacareemployers
I believe that what is happening is OBAMA's PLAN ALL ALONG.

What he wants is --- NATIONALIZED HEALTHCARE.

Businesses dumping employees on to the Obamacare exchange is just the first step.

1 posted on 09/12/2014 9:43:11 AM PDT by SeekAndFind
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To: SeekAndFind

Yup. Step 2 is the private insurance companies pulling out or going under.


2 posted on 09/12/2014 9:46:50 AM PDT by cableguymn (It's time for a second political party.)
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To: SeekAndFind

Should make all the Obama voters happy.


3 posted on 09/12/2014 9:49:02 AM PDT by Vaduz
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To: SeekAndFind

Absolutely right. No company will be offering it at some point.


4 posted on 09/12/2014 9:50:08 AM PDT by Phillyred
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To: SeekAndFind
Overwhelming the system. That's all ØbamaCare was ever about.
5 posted on 09/12/2014 9:52:11 AM PDT by E. Pluribus Unum ("The man who damns money obtained it dishonorably; the man who respects it earned it." --Ayn Rand)
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To: SeekAndFind

The business of business is business. Not healthcare...............


6 posted on 09/12/2014 9:53:17 AM PDT by Red Badger (If you compromise with evil, you just get more evil..........................)
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To: SeekAndFind
Businesses dumping employees on to the Obamacare exchange is just the first step.

Maybe for him, but this was actually part of MY plan to fix healthcare. When the people have to write checks for everything and get to shop, costs WILL be controlled, IF insurance was still private. However in the current environment, FedGov is guaranteed to screw everything up, like it always does.
7 posted on 09/12/2014 9:53:53 AM PDT by BikerJoe
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To: SeekAndFind

You don’t have to believe, many Dems openly stated it. Harry Reid likened ObamaCare to a starter home. Howard Dean said it would collapse the US healthcare system, necessitating single payer socialized medicine.


8 posted on 09/12/2014 9:58:11 AM PDT by tanknetter
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To: SeekAndFind

right - businesses discover under Obama’s system they are better off dumping Obamacare forcing their employees onto Obamacare as individuals. That has been the Obama strategy from the beginning. It appears he is winning.


9 posted on 09/12/2014 10:02:01 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: SeekAndFind

NO, this can’t be true.

Someone said, “If you like your coverage, you can keep your coverage!”

Didn’t someone say that? Hmmm, sure thought someone did.


10 posted on 09/12/2014 10:02:17 AM PDT by DoughtyOne (Obama and the Left are maggots feeding off the flesh of the United States.)
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To: BikerJoe
Agreed. If consumers have to shop for their own health costs will come down.

However, Gov't mandates may block appreciable reduction.

11 posted on 09/12/2014 10:20:17 AM PDT by what's up
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To: Red Badger
The business of business is business. Not healthcare...............
You are completely correct. There is no reason insurance to be tied to employment. If government would simply get out of the way, insurers could create much more efficient and less expensive systems.
12 posted on 09/12/2014 10:25:45 AM PDT by Terabitten (I'd rather have one Walker than fourteen runners.)
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To: Terabitten

“If government would simply get out of the way, insurers could create much more efficient and less expensive systems. “

Then why hadn’t they done it already?


13 posted on 09/12/2014 10:29:37 AM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: SeekAndFind

HM0’s, 0bola-style.


14 posted on 09/12/2014 10:34:46 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: SeekAndFind

Health exchanges that STILL aren’t ready for prime-time from a technical standpoint.

Oh, yeah. THIS is gonna go well.


15 posted on 09/12/2014 10:40:46 AM PDT by Buckeye McFrog
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To: SeekAndFind

If it is good business to pay you employees to get their own insurance when the government will fine you for doing so; why wasn’t it good business to pay you employees to get their own insurance when the government wasn’t fining you for doing so? - Just Saying.


16 posted on 09/12/2014 12:21:46 PM PDT by Mike Darancette (Do The Math)
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