Quote:
Originally Posted by geeker2
Our rather large corporation 86.81B market cap just announced that those 66 years older (working or retired) and above will not longer be covered by the company heath insurance. They will be transferred to an exchange.
So much for " "If you like your health care plan, you can keep your health care plan."
|
Nonsense.
Why does that mean you won't get the same plan? It doesn't. Actually, they will get
more healthcare coverage for the same buck your company will pay. The ACA has minimum requirements for all plans now - you cannot be excluded or not covered for things you are not covered for now. That's a huge boon to most folks over 50. Your coverage increases. That's well beyond what elderly employees get now! It's a great thing.
Of course the employees can get the same plan, offered by the same provider (or perhaps a different one), on the exchanges. But I'll guess your insurance company will be quite happy to keep selling insurance to your company for these older employees?
Who do you think is providing the insurance plans on the exchanges? Not the government - it's
private insurance companies
Yes, it's only private insurance companies on the exchanges, bidding competitively against one another for your companies - or individuals - business.
Yes, the exchanges will help your boss continue to provide insurance for these expensive older employees through the exchanges to employees for less cost. Your company can buy insurance for it's employees on the exchanges for far less than it is paying now.
If your boss has rather decided to stop providing any insurance at all for these employees,kicking them off insurance, leaving you entirely on your own, that's not the ACA's fault. Oh, and your company will pay a fine for that.
It sounds, however, like the company is
taking advantage of exactly what the ACA exchanges are designed to do for businesses: get health insurance for employees, better coverage, at the same or better bang for their buck.
Increasing insurance for employees, at cost savings for the business.
Geesh - this isn't that complicated. Anyone can read the rules on healthcare.gov.