Insurance Q&A

October 22, 2010

The more we know about ObamaCare…

the more we find out it wasn’t designed to cut costs but to eventually eliminate private insurance coverage and create a government-run system.

Mega-firms such as AT&T, Caterpillar, John Deere and Verizon are among those that are either considering ending coverage for their employees or have already chosen to do so. It’s not just the big companies eliminating benefits, either. Smaller employers are doing the same. Larry M. Elkin, president of Palisades Hudson Financial Group, wrote Thursday in the Business Insider: “For 15 years, I have taken pride in paying the full cost of health insurance for every full-time Palisades Hudson employee who wanted it. This month marks the last time I will do that.”

Read te whole article at Investors Business Daily

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