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  Dont you think this is alarmist?

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Says that the employers will have to give employees raises to cover the missing benefit

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IF it is factual that some employers are looking at it, then reality may outweigh alarmism.

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ORIGINAL: DomYngBlk

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ORIGINAL: feylin

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IF it is factual that some employers are looking at it, then reality may outweigh alarmism.

I am actually interested to see which employers don't go this way...I am wondering if unions will be able to hold out against it or not.  I do not belong to a union anymore, but at my job I always feel pride in those that make it part of their contract that their claims/phone calls cannot go out of the country.  I'm not against globalization, just some American pride (and thanks) happening while I do my job.

ETA:  I do know the idea and groundwork for phasing out of company-based coverage began before President Obama.  Its been discussed in meetings since I joined my company seven years ago. 

Thank you for being honest. The phase out of benefits and the lowering of health care coverage by companies has been an ongoing situation. Not something that all of the sudden happened this year.

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ORIGINAL: KenDckey

http://news.yahoo.com/s/ap/20101024/ap_on_re_us/us_employer_health_plans

Seems many employers are willing to drop their health care coverage under obama care.  

Says that the employers will have to give employees raises to cover the missing benefit, but I have never heard that requirement in the law.   This is a right to work state.  You don't necessarily deserve a raise because you lose a benefit.   It's the law.

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ORIGINAL: willbeurdaddy

The fun will start when people that are dropped realize how much more Obamacare will cost them than the wages that replace employer coverage.

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ORIGINAL: willbeurdaddy

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ORIGINAL: KenDckey

http://news.yahoo.com/s/ap/20101024/ap_on_re_us/us_employer_health_plans

Seems many employers are willing to drop their health care coverage under obama care.  

Says that the employers will have to give employees raises to cover the missing benefit, but I have never heard that requirement in the law.   This is a right to work state.  You don't necessarily deserve a raise because you lose a benefit.   It's the law.

there is no provision mandating a raise to cover the benefit. However, you will find as more and more companies do drop their health care (nobody wants to be first, but there are millions of employees employed by companies willing to be second to drop their coverage), that many will replace some or all of that compensation just to remain competitive in the labor market.

The fun will start when people that are dropped realize how much more Obamacare will cost them than the wages that replace employer coverage.

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ORIGINAL: DomYngBlk

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ORIGINAL: willbeurdaddy

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ORIGINAL: KenDckey

http://news.yahoo.com/s/ap/20101024/ap_on_re_us/us_employer_health_plans

Seems many employers are willing to drop their health care coverage under obama care.  

Says that the employers will have to give employees raises to cover the missing benefit, but I have never heard that requirement in the law.   This is a right to work state.  You don't necessarily deserve a raise because you lose a benefit.   It's the law.

there is no provision mandating a raise to cover the benefit. However, you will find as more and more companies do drop their health care (nobody wants to be first, but there are millions of employees employed by companies willing to be second to drop their coverage), that many will replace some or all of that compensation just to remain competitive in the labor market.

The fun will start when people that are dropped realize how much more Obamacare will cost them than the wages that replace employer coverage.

We will go to single payer. The people on Wall Street and Corporate Boardrooms are too prideful to admit that they are totally wrong. Going to single payer is going to save them a pantload.