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I expect many businesses will stop offering health insurance. By then, only the government will be offering them. Also, insurance companies go out of business, which means more unemployment. I think it will prolong the recession.

I expect many businesses will stop offering health insurance.

I think that's always been the plan. Get companies to drop coverage (covering family members untl they're 27 will contribute to this), and the government will say, "Well, now we have to step in!"

...." expect many businesses will stop offering health insurance"....

I worked for SBC for 30 years and retired. I have had 2 letters from a company called Allsup offering to get me on SS disability. I have never said anything to SBC or even heard of this company. They explained that SBC had HIRED THEM to help me get my disability and they were 90+% successful. Of course I have one of those "Cadillac" plans, so why would I want Medicare?

I didn't take them up, even though my back is crap, my heart is damaged and I've had more than one tell me I'm crazy.

I believe ATT( the new name) will drop us, or make us pay for coverage, or at the very least I will have to pay tax on my bennies. I wasn't planning on that cost when I retired. CAT just said the plan will cost them $100 million. There will be job losses, retiree cuts, or something. No one should think they will just absorb $100 mill.