Aug 3, 2012

One in 10 U.S. Employers to Drop Health Coverage -Deloitte, says in Wall Street Journal.

Around one in 10 employers in the United States plans to drop health coverage for workers in the next few years as the bulk of the federal health care law begins, and more indicated they may do so over time, according to a study by consulting company Deloitte, says the Wall Street Journal. Deloitte's findings differ from estimates by rival firm McKinsey & Co. last year that found 30 percent of employers say they would "definitely or probably" stop offering health insurance after 2014, as well as calculations by the Congressional Budget Office that estimated around 7 percent of workers could lose coverage under the law by 2019. In all, 9 percent of companies in the Deloitte study said they expected to stop offering insurance in the next one to three years. Around 81 percent were planning to continue providing benefits, and 10 percent weren't sure.

Read on:
http://www.ncpa.org/sub/dpd/index.php?Article_ID=22180