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4 Out Of 5 Employers Agree Deductibles Will Rise Thanks To Obamacare
A new survey by consulting firm Mercer LLC finds that four out of five US employers say they will most likely have to raise deductibles for employees thanks to Obamacare. In addition. For many there will also be higher co-payments and employee contributions to health plan premiums.
The Daily Caller has the details:
Four out of five U.S. companies have either already raised deductibles on their employee health plans or are considering it thanks to Obamacare, according to a survey of over 700 businesses by consulting firm Mercer LLC.
A third of the companies surveyed have already hiked deductibles or copays and another 48 percent are contemplating options that increase health-care payments by workers themselves, Bloomberg reports.
Health-care costs for customers and companies alike are continuing to rise, partly because of Obamacare-instated essential benefits that all health-care plans must now provide.
Read the whole thing. The article also includes reminders of how big companies have already either cut hours and/or stopped offering insurance to part time employees. Oh, and then there’s the “Cadillac Tax” that will cause employers to scale back benefits. Just don’t tell Harry Reid or he’ll take to the Senate floor to denounce them and call them liars.
Also in the news this week – HHS Secretary Kathleen Sebelius testified that Obamacare premiums will go up next year.
Source: http://lonelyconservative.com/2014/03/4-out-of-5-employers-agree-deductibles-will-rise-thanks-to-obamacare/
