The Rise and Fall of Hope and Change

The Rise and Fall of Hope and Change



Alexis de Toqueville

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville

The United States Capitol Building

The United States Capitol Building

The Constitutional Convention

The Constitutional Convention

The Continental Congress

The Continental Congress

George Washington at Valley Forge

George Washington at Valley Forge


Saturday, September 4, 2010

As Expected, Employers Shifting More Of The Cost Of Healthcare To Their Employees

From The American Thinker:

September 03, 2010


As predicted, employers pushing more health insurance costs on employees

Rick Moran



Obamacare predicted "unintended consequence" #914: employers can't afford rising rates in anticipation of Obamacare.



The New York Times:





The shift is occurring, policy analysts and others say, as employers feel more pressure from the weak economy and the threat of even more expensive coverage under the new health care law.

In contrast to past practices of absorbing higher prices, some companies chose this year to keep their costs the same by passing the entire increase in premiums for family coverage onto their workers, according to a new survey released on Thursday by the Kaiser Family Foundation, a nonprofit research group.



Workers' share of the cost of a family policy jumped an average of 14 percent, an increase of about $500 a year. The cost of a policy rose just 3 percent, to an average of $13,770.





There have been other times when the economy was "weak" and employers refrained from passing along these increases so one must assume that the primary reason for it is that Obamacare is coming and employers don't want to be stuck with unsustainable increases in insurance premiums.



This is logical. Obamacare is not. End of story.











Posted at 09:36 AM

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