Who will remain? Who can afford to remain? Has this been a disguised attempt at creating a nationalized system? No one seems to know these answers, but clearly this has become time of significant decision making. The combination of a painful recession, deepening federal and state deficits, continuing increased health care costs, and a general dissatisfaction on several fronts have all led to serious and thoughtful discussion to re-look at how businesses spend their scarce and treasured monies. This is an interesting time facing all of us. Stay tuned for more discussion on this topic.
The Big Mystery - Who's In and Who's Out of Obamacare?
The continued increase in health care costs encourages employers to rethink their health care strategy. Recently we were approached by a major international company asking us to take a look at their health care offering and help them estimate costs of continuing it under a reformed health care system. They are seriously considering terminating the program worldwide, and paying the benefit penalty to be assessed by the Federal Government.