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Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

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Old 06-15-2010, 04:12 PM   #16
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

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Originally Posted by Slingin Sammy 33 View Post
You were probably under COBRA, Schneed can give you the details about COBRA if necessary. In a nutshell, it's a gov't mandated that you can continue med coverage if you lose your job or get laid off. I think it only lasts for 18 months and you pay the premiums 100%.

As soon as your Dad is eligible for insurance under his new company, I'm sure your Mom will be covered.

COBRA can charge up to 102%, but i think there is currently a subsidy if he is currently unemployed. Also im pretty sure you can continue on COBRA coverage even if you start a new job with insurance benefits, as long as you dont use them. But if your family started COBRA in 2008 then its probably been about 18 months.
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Old 06-15-2010, 05:45 PM   #17
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

Ehhhh . . . . told you so!
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Old 06-15-2010, 06:34 PM   #18
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

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Originally Posted by firstdown View Post
You can now be covered under your parents coverage up to age 26. If your mother did not work at verizon they would not offer her any coverage after you dad left.
The thing is that law hasn't taken effect yet. Either way I'm going to get temporary coverage though I can see why so many people my age don't get health insurance. Most plans are expensive enough to put a dent in their alcohol budget.
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Old 06-15-2010, 09:55 PM   #19
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

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Siphon your tax dollars to the private sector.
That's not a motivation. It's a role. What is the incentive in the public sector?
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Old 06-16-2010, 12:16 AM   #20
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

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Originally Posted by Schneed10 View Post
The private sector is so far ahead of the government in terms of understanding the tax laws, it's not even funny. The $2K fine was a ridiculous number, it pretty much gives all the incentive a company would ever need to revoke coverage.

Lawmakers = simpletons. That's what happens when you spend half your life campaigning, as opposed to studying the issues and actually thinking about them.
I couldn't agree more. These guys aren't reading the bills, don't specialize in the stuff that they're voting for, etc.
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Old 06-16-2010, 01:25 AM   #21
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

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That's not a motivation. It's a role. What is the incentive in the public sector?
The motivation of a business is that of the business owner(s). For the most part their end goal is to make money but sometimes it is not (i.e. NGOs). Similarly the motivation of a government is that of those who form them. According to Thomas Hobbes' Social Contract Theory the incentive for forming a government is to avoid anarchy. Having a functioning government is a prerequisite for an environment conducive to creation of vibrant businesses and economic growth (see Somalia). To put it simply the incentive is to maintain public order and safety so that I don't burn down your business because your competitor paid me to.


p.s. SS33, don't think I wouldn't burn down your pizzeria if Papa John's paid me to

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Old 10-04-2010, 01:50 PM   #22
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

McDonalds weighs workers insurance against lowering costs and taxes - Orlando liberal | Examiner.com
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Old 10-18-2010, 07:23 PM   #23
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

Citing Health Care Law, Boeing Pares Employee Plan : NPR
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Old 10-19-2010, 08:56 AM   #24
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

Shocker.
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Old 10-19-2010, 12:56 PM   #25
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

You tell Boeing to give their employees more adequate health benefits so they wouldn't have their hands out for some Medicaid dollars when they can't afford care. In a normal world Republicans would cheer people taking personal responsibility so we wouldn't have to collectively pay for them.

I found this line from the article...Ouchy

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"If this health care law hadn't passed, would we be making changes to the health care benefit? Absolutely. For competitive reasons."
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Old 10-19-2010, 11:17 PM   #26
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

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Sorry but I think your wrong. They knew well in advance that a $2,000 fine was not enough and would have no affect and companies would do this. Its the game of failing to get what you really want national health care. Think about this fine. Congress them self knew health care was costing companies over $5,000 per year (thats a low figure I made up) and they had to know the math that a $2000 fine would not stop companies from not offering health coverage. They know it will not stop the companies and that what they want. Now the fix is national health care.
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Old 10-25-2010, 09:47 AM   #27
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

Employers looking at health insurance options - Yahoo! News

WASHINGTON The new health care law wasn't supposed to undercut employer plans that have provided most people in the U.S. with coverage for generations.

But last week a leading manufacturer told workers their costs will jump partly because of the law. Also, a Democratic governor laid out a scheme for employers to get out of health care by shifting workers into taxpayer-subsidized insurance markets that open in 2014.

While it's too early to proclaim the demise of job-based coverage, corporate number crunchers are looking at options that could lead to major changes.

"The economics of dropping existing coverage is about to become very attractive to many employers, both public and private," said Gov. Phil Bredesen, D-Tenn.

That's just not going to happen, White House officials say.

"The absolute certainty about the Affordable Care Act is that for many, many employers who cover millions of people, it increases the incentives for them to offer coverage," said Jason Furman, an economic adviser to President Barack Obama.

Yet at least one major employer has shifted a greater share of plan costs to workers, and others are weighing the pros and cons of eventually forcing employees to strike out on their own.

"I don't think you are going to hear anybody publicly say 'We've made a decision to drop insurance,' " said Paul Keckley, executive director of the Deloitte Center for Health Solutions. "What we are hearing in our meetings is, 'We don't want to be the first one to drop benefits, but we would be the fast second.' We are hearing that a lot." Deloitte is a major accounting and consulting firm.
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Old 10-25-2010, 12:14 PM   #28
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

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I said all along the goal of the Dems and the health care bill is to shift as many people from private health ins to the federal plan. After they get enough people then its just a matter of time until they push for a one payer goverment health ins.
In all honesty one of the major issues with our current system is that it ties insurance to employment. It is a unnecessary encumbrance on the system in my opinion.
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Old 06-07-2011, 03:47 PM   #29
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

Yikes!

1 in 3 Employers Will Drop Health Benefits After ObamaCare Kicks In, Survey Finds - FoxNews.com
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Old 06-16-2011, 11:01 AM   #30
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

Yowsers!

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