Thanks to Obamacare, more employers shifting health care costs on to you
Small companies are increasingly dropping the idea of providing their employees with health insurance, the Wall Street Journal reports, and assuming that workers instead will be fine if they’re dumped onto Obamacare’s government-run “exchanges.”
I told you long ago that this would happen: Employers will see the chance to save money and make their workers eligible for government subsidies. They will act accordingly.
Insurers who sell coverage to small companies are now noticing the trend, the paper reports. They’re seeing faster declines in that line of business than they had expected. The Wall Street Journal explains employers’ thinking:
