Posted on 04/03/2014 1:39:19 PM PDT by grundle
The Obama administration unilaterally delayed a portion of the employer mandate, but it still takes effect for those employing more than 200 workers at the beginning of January 2015. Large employers have to budget as soon as this summer to deal with those costs. Most of them will start scaling down their so-called “Cadillac” health care plans to avoid the taxes those will accrue by 2016, getting ahead of the curve.
Many may choose to give up on offering health insurance at all. The data from HHS after the passage of Obamacare showed that the Obama administration expected as many as 93 million Americans to be thrown out of their existing coverage, with employers opting to either scale down or get out, paying the fine instead.
(Excerpt) Read more at finance.yahoo.com ...
Should say: From what I could tell it will be a minus number of total insured.
But you do the math and let me know.
Thks, bunster — appreciate it!
Awe, man - it was just a TEASER! Sorry!
Did you catch Cavuto’s show today -Friday? Well, apparently the White House is not happy with his report and is sending in a “surrogate” to debate him on his show tonight. 8:00 Eastern (but maybe like last night will also appear on his 6:00 Eastern show.
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