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Fox: Many large companies dropping health care insurance for their retirees
Fox News Channel | 3/25/10

Posted on 03/25/2010 10:25:48 AM PDT by pabianice

Just announced on Fox. One of the first "benefits" of Obamacare is news that companies with large populations of retirees that now have health insurance through their former employees will, instead, be dumped and forced onto Medicaid and Medicare. The resulting fines for the companies will be far less than continuing to pay for retirees' medical care. It's all allegedly legal under ObamaCare.


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: 111th; bho44; bhofascism; bhohealthcare; bhosocialism; democrats; economy; healthcare; hopeychangey; lping; obama; obamacare; pelosi; publicoption; seniors; singlepayer; socialism; socialisthealthcare
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To: Antoninus

Live on Fox News Channel.


41 posted on 03/25/2010 10:41:50 AM PDT by pabianice
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To: verity

“Which companies?”

UNION companies. They are the ones with the highest retiree healthcare debt. That’s why the UNIONS have wanted this plan in the first place...to unload and reload.


42 posted on 03/25/2010 10:43:25 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: pabianice
"Legal"?
It's precisely what he wanted!
43 posted on 03/25/2010 10:43:27 AM PDT by grobdriver (Proud Member, Party Of No! No Socialism - No Fascism - Nobama - No Way!)
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To: ReneeLynn

I am sorry - don’t blame me - blame the unions. I foolishly gave McCain money to try to stop the Kenyan.


44 posted on 03/25/2010 10:44:38 AM PDT by Frantzie (McCain = Obama's friend McCain called AMERICANS against amnesty - "racists")
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To: pabianice
Everything Obama touches turns to crap.
45 posted on 03/25/2010 10:45:40 AM PDT by spectre ( Spectre's wife)
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To: verity
Which companies?

Looks like Verizon was the first to send the memo... via WSJ

46 posted on 03/25/2010 10:46:04 AM PDT by BigFinn
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To: penelopesire

Lucent dropped virtually all retiree health benefits years ago.


47 posted on 03/25/2010 10:46:18 AM PDT by Freds2nd
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To: FormerACLUmember
So ObamaCare is ACTUALLY carefully designed to destroy health insurance!

It doesn't matter that "single payer" is not part of the current bill. It will destroy the insurance industry to the point where there is no longer any choice but to implement single payer.

48 posted on 03/25/2010 10:46:42 AM PDT by PapaBear3625 (Public healthcare looks like it will work as well as public housing did.)
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To: FormerACLUmember

“So ObamaCare is ACTUALLY carefully designed to destroy health insurance!”

Well that was obvious from the start, but is only the beginning. Well, the TARP with the strings attached, the GM takeover, those might be considered the beginning. But the end result is the same. The economic power will reside with the government. Not the Public. Not the Workers. Not Business.


49 posted on 03/25/2010 10:46:47 AM PDT by 21twelve (Having the Democrats in control is like a never-ending game of Calvin ball. (Giotto))
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To: TChris

That has been the plan all along. Here is the real evil part of Obama’s plan (besides killing seniors and babies).

The so called insurance pools don’t begin until 2014....yet people will begin losing their insurance almost immediately. So that by the time the 2014 elections roll around...Obama will run on a full public option plan citing all the poor people with no insurance, while the republicans are trying to repeal his original bill.

I don’t think Americans are going to fall for Obama’s dirty trick though.


50 posted on 03/25/2010 10:48:30 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: FormerACLUmember
So ObamaCare is ACTUALLY carefully designed to destroy health insurance!

...just the start,next on the agenda to destroy this country....finacial institutions, ya know , where most retirees keep their 401's or IRA's, the government plans to oversee who is worthy and who is not....the people they think are a risk, they take over,they fire the board members,they "install" the new board.....remember GM?. What do you think is going to happen to The Hartford?, Prudential?

51 posted on 03/25/2010 10:49:31 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)
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To: indylindy

Where do I sign up to get my ‘crazy check’?


52 posted on 03/25/2010 10:49:37 AM PDT by GOPsterinMA (Welcome to the wonderful world of StupaKare!)
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To: spectre

on purpose


53 posted on 03/25/2010 10:50:39 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)
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To: pabianice
Bookmarking
54 posted on 03/25/2010 10:51:33 AM PDT by Envisioning (Proud "Right Wing Extremist" per the DHS.......)
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To: pabianice

I hope my worthless brother-in-law ( If you know him he probbly owes you money)enjoys his Obamacare. Wait till he gets fined for not having insurance! Boy will he yelp!


55 posted on 03/25/2010 10:52:19 AM PDT by Ruy Dias de Bivar (Obama's vision for America...Green shoots and skittles, where pancakes grow on fritter trees.)
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To: pabianice

This is kind of a misknowmer. Anyone who gets SS must use medicare as primary, and very seldom does their retirement package insurance come into play. They also cannot go to a doctor or hospital that does not accept medicare, so the instances of these insurance policies being used are very minimal. It all depends on whether the person is retired early, disability retired, or retired at retirement age. The first example is the only one in which a person might temporarily use a retirement benefit pkg. insurance.


56 posted on 03/25/2010 10:53:41 AM PDT by gidget7 ("When a man assumes a public trust, he should consider himself as public property." Thomas Jefferson)
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To: penelopesire
“Which companies?”

To start, Caterpillar, Medtronics, and Verizon.

57 posted on 03/25/2010 10:53:49 AM PDT by pabianice
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To: Ruy Dias de Bivar

No he won’t, He will hit you up for his payment. LOL


58 posted on 03/25/2010 10:54:22 AM PDT by dforest
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To: TChris
After reading the transcript from Rush yesterday, where he talked to the insurance lady, I believe this is all intentional manipulation. Obama WANTS everyone to lose their private health insurance. By putting the incentives in place for companies to drop health insurance -- it's cheaper to pay the fine -- and by mandating an 85/15 payout rate for the insurance companies, which will put them out of business, Dear Reader sets up the Government as the final solution.

DING, DING, DING, we have a winner!

59 posted on 03/25/2010 10:54:36 AM PDT by Marathoner (Welcome to Amerika Comrades)
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To: TChris

You are exactly right. I’ve been trying to keep this old thread alive from 2009, of a booklet from 1939 about FDR and the New Deal. THIS IS HAPPENING ALL OVER AGAIN AND EXACTLY THE SAME!!! This is a “brief” excerpt.

http://www.freerepublic.com/focus/f-news/2185147/posts

Worse outwitted were those who kept trying to make sense of the New Deal from the point of view of all that was implicit in the American scheme, charging it therefore with contradiction, fallacy, economic ignorance, and general incompetence to govern.

But it could not be so embarrassed and all that line was wasted, because, in the first place, it never intended to make that kind of sense, and secondly, it took off from nothing that was implicit in the American scheme. It took off from a revolutionary base......Its meaning was revolutionary and it had no other. For what it meant to do it was from the beginning consistent in principle, resourceful, intelligent, masterly in workmanship, and it made not one mistake....

But more than that, they had to be taken in a certain sequence, with forethought and precision of timing. One out of place might have been fatal. What happened was that one followed another in exactly the right order, not one out of time or out of place.....

The effect was to keep people excited about one thing at a time, and divided, while steadily through all the uproar of outrage and confusion a certain end, held constantly in view, was pursued by main intention.

The end held constantly in view was power.


60 posted on 03/25/2010 10:54:51 AM PDT by 21twelve (Having the Democrats in control is like a never-ending game of Calvin ball. (Giotto))
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