Wednesday, September 04, 2013

What Ruined Obama's Credibility? Obamacare | Cato Institute

What Ruined Obama's Credibility? Obamacare | Cato Institute: " 15,000 husbands and wives of UPS workers who are being kicked off their spouse’s policy"

"The University of Virginia also announced that it was dropping spousal coverage for those with access to other insurance. (And even after that measure, Obamacare will be adding $7.3 million to its health-care costs next year.)"

"According to the benefits consulting firm Towers Watson, 12 percent of employer plans will not include spousal coverage next year, three times as many as in 2013."

"Universal Studios recently announced that it was dropping coverage for some part-time workers. Similarly, Wegman’s Supermarkets has eliminated its health-insurance plan for part-time employees.

Meanwhile, in New Jersey at least 106,000 people currently insured under what are known as “basic and essential” health-care plans will likely lose their coverage because those inexpensive plans don’t meet Obamacare’s mandates."

"This has caused Joseph Hansen, president of the 1.2-million-member United Food and Commercial Workers, to warn that Obamacare will “destroy the foundation of the 40-hour work week that is the backbone of the middle class.” "

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