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Obamacare financial impact on employees

Posted on 11/8/12 at 9:02 am
Posted by GeismarGeauxer
Geismar
Member since Dec 2009
5178 posts
Posted on 11/8/12 at 9:02 am
Anyone looked into this much?

I know that my Fortune 500 company using UHC has increased premiums, deductibles and cut the coverage after deductible met from 90% to 80% for 2013 (worse things coming in the future).
Posted by LSUStjames
Member since Dec 2005
3473 posts
Posted on 11/8/12 at 9:17 am to
I work for a Fortune top 30. We went from completely free coverage for the entire family where they paid premiums, co-pays, prescriptions,etc to a new HDHP with a HSA. They will still put 100% of the deductible in our HSA on Jan 1 every year but the overall coverage past the deductible is still not as good. It still has free preventitive care pre-deductible. I'll probably just max out my contributions for another tax shelter.
Posted by GeismarGeauxer
Geismar
Member since Dec 2009
5178 posts
Posted on 11/13/12 at 9:24 am to
Sucks that so few of us are affected by this...
Posted by iPadThai
Member since Oct 2011
1035 posts
Posted on 11/13/12 at 9:52 am to
My healthcare premiums through my work have gone up every year since 2006. How do you know your increased premiums are directly because of Obamacare? Did your employer say so?
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6550 posts
Posted on 11/14/12 at 10:30 am to
Welcome to the real fricking world. Some of you have no idea how good you've had it. As a small business owner, my premiums/coverage have been shitty for sometime now.

Just say thank you to your employer for the past 20 years of low cost health ins...now pucker up. Health ins companies operating budgets are being murdered by Obamacare mandates. The only ultimate answer is higher premiums.
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