Workers Opting For Employer Coverage Over ObamaCare
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Employers are seeing an increase in the number of full-time workers taking advantage of company health benefit offerings even as a parade of companies like Target Corp. (TGT) end health benefits for part-time workers.
Because the Affordable Care Act requires Americans to obtain coverage or face a penalty, employers this year are experiencing an influx of workers who hadn’t previously taken advantage of company-sponsored health benefit plans.
Analysts reason that workers who in the past have opted against participating in employer coverage see better quality benefits or perhaps a lower cost than health plans available via the government marketplaces. Individuals are eligible for subsidies of up to $5,000 depending on their income to buy an array of private plans sold by insurers like Aetna (AET), Cigna (CI), Humana (HUM), UnitedHealth Group (UNH) as well as Blue Cross and Blue Shield plans.
The wave signing up for employer coverage could be large given the number that turned such benefits down in the past. A survey by health benefits consultancy Mercer in November said 22 percent of an employer’s eligible workers “waive coverage for themselves either because they are covered under another plan or because they choose to go without.”
But that is beginning to change this year thanks to the health law’s individual mandate provision.
“In our planning meetings this week with large Dallas-Fort Worth employers, several mentioned that they’ve noticed an uptick in benefits enrollment,” Marianne Fazen, executive director of the Dallas-Fort Worth Business Group on Health said in a statement to Forbes. “While these employers have always offered health benefits, those with lower wage or younger workforces noticed it the most.”
English: President Barack Obama's signature on...
The astonishing thing is that AFTER Romneycare was a screaming success in Massachusetts, winning universal praise, the moron-party hinged their electoral success on making it a failure nation-wide and using that failure as a stick to beat Obama with.
Do they really not GET how experiments work?
Are they THAT stupid?
Apparently. But one notices that petty criminals have the same cognitive deficit.
Thursday Idiocy: Congressman’s Attempt To Attack Obamacare Accidentally Exposes His Staffer’s Health Care Success Story
Rebecca Leber: Congressman’s Attempt To Attack Obamacare Accidentally Exposes His Staffer’s Health Care Success Story: “The last thing Obamacare opponent Rep. Tom Petri (R-WI) probably expected at a town hall with constituents…
…was to learn that a member of his own staff is benefiting from the law’s provisions. But that’s exactly what happened on Monday, when Petri asked field staffer Michael Grimm to explain the process of signing up for Obamacare through the law’s health care exchanges. However, Grimm pointed out that he did not shop on he exchanges because the law allowed him to stay on his parents’ health care plan as a dependent until age 26. “Yeah, I lucked out,” Grimm said…. Petri also suggested that Grimm lost his federal health care plan as a result of Obamacare, even though the provision requiring lawmakers and their staff to sign up for the new health care law was championed by Republican Sen. Chuck Grassley (IA)…”
