Thursday, September 12, 2013

37 Million U.S. Workers Better off if Employer Dumps Health Plan under PPACA: Stanford Study

If you like your plan you can keep it. 

  Disclaimer, you can keep your plan provided: 
  • Your employer doesn't act rationally; 
  • You and your employer can afford 10% increases every year; 
  • Your carrier doesn't change it's plans to consolidate under ObamaCare; 
  • In short, 20% of you can keep it.  
This is Sharon Begley at Reuters

As many as 37 million Americans who receive health coverage through employers may be better off with the government-subsidized insurance plans that will be offered under President Barack Obama's healthcare reform law for next year, according to a study released on Monday.

The analysis, compiled by researchers at Stanford School of Medicine and published in the journal Health Affairs, suggests that some employees may choose to dump the coverage they receive at work. It also points to a potential counter-trend to surveys of employers, which show that up to 30 percent would consider terminating health coverage for their workers within the first few years of "Obamacare." ...