IBM Will Move Retirees Off Company-Sponsored Health Plan

Dr. Susan Berry
Big Government
7 Sep 2013

IBM has announced that it plans to move about 110,000 retirees off its company health insurance plan and offer a payment to purchase coverage on a private health insurance exchange instead…

…According to the WSJ, the decision will affect all IBM retirees once they become eligible for Medicare and will relieve the company of the responsibility of managing retirement health-care benefits. IBM said the growing cost of care has made its current system of keeping retirees on its company health care insurance unsustainable without large increases in premiums…

…The report indicates that Extend Health has signed up about 300 companies, including DuPont Co. and Caterpillar, Inc…


Read the complete article at Big Government.



Update: A rally to support Senators Mike Lee, Rand Paul, Ted Cruz, Congressmen Louie Goehmert, Steve King,  Rep. Michele Bachmann and others to defund ObamaCare will be held in Washington on 10 September. Go to Exempt America for more details.

If Obamacare isn’t good enough for
Big Business, Big Labor, or Big Government,
then it isn’t good enough for the
American People.



Update 2How Government is Destroying the Medical Profession: Q&A with Dr. Jeffrey Singer Doctors are being reduced to shift-workers, who spend a lot of their time doing data entry



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