Report: 30% of U.S. Companies Say They Will Drop Health Care Coverage Because of ObamaCare…

Weasel Zippers

So much for Obama’s “you can keep your plan if you like it” promise.

LOS ANGELES (MarketWatch) — Once provisions of the Affordable Care Act start to kick in during 2014, at least three of every 10 employers will probably stop offering health coverage, a survey released Monday shows.

While only 7% of employees will be forced to switch to subsidized-exchange programs, at least 30% of companies say they will “definitely or probably” stop offering employer-sponsored coverage, according to the study published in McKinsey Quarterly.

The survey of 1,300 employers says those who are keenly aware of the health-reform measure probably are more likely to consider an alternative to employer-sponsored plans, with 50% to 60% in this group expected to make a change. It also found that for some, it makes more sense to switch.

“At least 30% of employers would gain economically from dropping coverage, even if they completely compensated employees for the change through other benefit offerings or higher salaries,” the study says.

It goes on to add: “Contrary to what employers assume, more than 85% of employees would remain at their jobs even if their employers stopped offering [employer-sponsored insurance], although about 60% would expect increased compensation.”

Read also, Rudy Giuliani Demands Romney Apologize For Mass Health Care Law, Calls It “Terrible Mistake” That Hurts Our Chances Of “Overthrowing ObamaCare”… at Weasel Zippers

Update: Kagan Assigned DOJ Lawyer Who Argued Obamacare Cases in Appeals Courts

( – On Wednesday, Acting Solicitor General Neal Katyal did what his job called for: He traveled to the U.S. Court of Appeals for the 6th Circuit, located in Cincinnati, Ohio, and defended President Barack Obama’s health-care-reform law against a challenge that had been filed by the Thomas More Law Center.

The challenge claims Obamacare’s individual mandate is unconstitutional.

Back on May 10, Katyal also argued for the administration in the U.S. Court of Appeals for the 4th Circuit in Richmond, Va., against challenges to the constitutionality of the health-care law. There the suit had been brought by the state of Virginia and Liberty University.

Katyal has also signed multiple briefs and legal documents that the administration has filed in various federal courts in defense of the constitutionality of the health-care law.

What makes this noteworthy is that in defending the administration’s position on the constitutionality of President Obama’s health-care law, Katyal is not only doing his job, he is also doing something he was first assigned to do in early 2010 by then-Solicitor General Elena Kagan.

Kagan, of course, now serves on the U.S. Supreme Court….

Common American Journal welcomes readers from Hump Day Report

Comments are closed.