red states rule
09-19-2013, 03:49 AM
So much for if you like your health plan you can keep it
Another example of the sham of Obamacare and this is exactly what liberals wanted to happen when they rammed Obamacare through
Just another day in Liberalville as working class folks get screwed by the very people they claim to care so much about
Walgreens will stop offering health insurance directly to its workers in 2014, instead shifting them to policies in a private insurance exchange, the company announced Wednesday.Walgreens will subsidize the cost of the policies, and more than 160,000 workers will be affected.
The medical plan includes more traditional HMO and PPO policies, as well as three high-deductible plans, where workers shoulder higher out-of-pocket costs in exchange for lower monthly premiums. This year, the company only offered two high-deductible plans.
Walgreens will contribute the same total share to health care benefits next year as is did this year, though it is not disclosing the size of the subsidy. Some employees, however, may see premiums rise if they pick a more generous plan, said spokesman Michael Polzin.
The company's tab for health care costs for next year remained essentially flat, allowing it to keep its contribution to workers level, he said. In future years, the company's intention is to continue picking up the same share of the cost as it does today, Polzin said.
The nation's largest drug store chain becomes the latest to radically overhaul its employee benefits plan in the months before major provisions of Obamacare kick in. UPS (UPS (http://money.cnn.com/quote/quote.html?symb=UPS&source=story_quote_link), Fortune 500 (http://money.cnn.com/magazines/fortune/fortune500/2012/snapshots/2071.html?iid=EL)) recently announced it would no longer cover workers' spouses (http://money.cnn.com/2013/08/21/news/companies/ups-obamacare/index.html?iid=EL) who have access to health insurance. IBM (IBM (http://money.cnn.com/quote/quote.html?symb=IBM&source=story_quote_link), Fortune 500 (http://money.cnn.com/magazines/fortune/fortune500/2012/snapshots/225.html?iid=EL)) and and Time Warner (TWX (http://money.cnn.com/quote/quote.html?symb=TWX&source=story_quote_link), Fortune 500 (http://money.cnn.com/magazines/fortune/fortune500/2012/snapshots/10472.html?iid=EL)) are moving retirees into private exchanges.
http://money.cnn.com/2013/09/18/news/economy/walgreens-health/index.html?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+(Top+S tories)
Another example of the sham of Obamacare and this is exactly what liberals wanted to happen when they rammed Obamacare through
Just another day in Liberalville as working class folks get screwed by the very people they claim to care so much about
Walgreens will stop offering health insurance directly to its workers in 2014, instead shifting them to policies in a private insurance exchange, the company announced Wednesday.Walgreens will subsidize the cost of the policies, and more than 160,000 workers will be affected.
The medical plan includes more traditional HMO and PPO policies, as well as three high-deductible plans, where workers shoulder higher out-of-pocket costs in exchange for lower monthly premiums. This year, the company only offered two high-deductible plans.
Walgreens will contribute the same total share to health care benefits next year as is did this year, though it is not disclosing the size of the subsidy. Some employees, however, may see premiums rise if they pick a more generous plan, said spokesman Michael Polzin.
The company's tab for health care costs for next year remained essentially flat, allowing it to keep its contribution to workers level, he said. In future years, the company's intention is to continue picking up the same share of the cost as it does today, Polzin said.
The nation's largest drug store chain becomes the latest to radically overhaul its employee benefits plan in the months before major provisions of Obamacare kick in. UPS (UPS (http://money.cnn.com/quote/quote.html?symb=UPS&source=story_quote_link), Fortune 500 (http://money.cnn.com/magazines/fortune/fortune500/2012/snapshots/2071.html?iid=EL)) recently announced it would no longer cover workers' spouses (http://money.cnn.com/2013/08/21/news/companies/ups-obamacare/index.html?iid=EL) who have access to health insurance. IBM (IBM (http://money.cnn.com/quote/quote.html?symb=IBM&source=story_quote_link), Fortune 500 (http://money.cnn.com/magazines/fortune/fortune500/2012/snapshots/225.html?iid=EL)) and and Time Warner (TWX (http://money.cnn.com/quote/quote.html?symb=TWX&source=story_quote_link), Fortune 500 (http://money.cnn.com/magazines/fortune/fortune500/2012/snapshots/10472.html?iid=EL)) are moving retirees into private exchanges.
http://money.cnn.com/2013/09/18/news/economy/walgreens-health/index.html?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+(Top+S tories)