Cancellations are coming for millions more

While employers have reason to offer employees healthcare to attract and keep the best and brightest, the creation of the new healthcare exchanges for the uninsured also gives them an excuse to drop coverage.

Advertisement

Shipping company UPS blamed Obama-Care in August when announcing that it would stop offering health insurance to 15,000 employee spouses whose jobs already offer medical benefits.

The next month, both Home Depot and Trader Joe’s said they would stop providing coverage for some part-time employees.

Both said they would recommend that workers seek insurance on ObamaCare’s new exchanges.

“The law provides [lower-income] people a pretty good deal for insurance … a deal that can’t be matched by us,” Trader Joe’s said, explaining its decision.

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement