Tuesday, October 19, 2010

The Obamacare Hits Keep on Coming


Recently, McDonald's was hinting they would cancel their limited health care plan for tens of thousands of employees. They quickly got an exemption from parts of the Obamacare law. Boeing is the latest company to take measures to protect themselves against this expensive and anti-business law. They have sent a letter to 90,000 employees warning them they are about to pay the price for Obamacare passing.

In a letter mailed to employees late last week, the company cited the overhaul as part of the reason it is asking some 90,000 nonunion workers to pay significantly more for their health plan next year. A copy of the letter was obtained Monday by The Associated Press.

"The newly enacted health care reform legislation, while intended to expand access to care for millions of uninsured Americans, is also adding cost pressure as requirements of the new law are phased in over the next several years," wrote Rick Stephens, Boeing's senior vice president for human resources.

No comments: