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Obamacare Prompts Firm to Consider Dropping Its Health Plan

May 16, 2014 By Monica Hughes

For decades many Americans have presupposed that health insurance would be provided with the job they were hired for, especially within a larger, well-established company. Today people aren’t assuming much of anything good about health insurance. The Affordable Care Act is adding to companies’ cost, affecting premiums around 8 percent due to fees and taxes to help pay for the new law.

The company AmeriMark, like many other companies in America, has been struggling to keep up with the rising cost of premiums in recent years. The company’s initial estimate for the year for their current insurance provider was raised thirty percent. Needless to say, they needed to shop around for another company and end up changing the deductibles and copays.

It’s funny, actually, that the taxes placed as part of the Affordable Care Act result in higher premiums for middle-class workers. Sure it keeps costs lower for low- and middle-income people, but it is at the cost of other peoples’ healthcare. Clearly, Congress needs to find a better way to cover such costs.

See full story at npr.org

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Filed Under: News and Information Tagged With: healthcare

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