Tuesday, August 28, 2012

Obamacare

Worried about employers dropping insurance coverage?  Don't believe the hype:

"Which makes this Towers-Watson survey all the more surprising: The consulting firm polled 512 companies that employed more than 1,000 workers each. These are companies that spend at least $5 million in health benefits annually. They were asked how likely it was that they would drop coverage in 2014 and send employers to the new health care exchanges being created to accommodate the law.
Not a single employer said that scenario was “very likely.” A mere 3 percent ranked it “somewhat likely.” The vast majority — 77 percent said — it was “not likely” that they would stop offering health insurance."

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