Employer plans will disappear with health insurance law

Employer plans will disappear with health insurance law

"Obamacare" will deal a mortal blow to employer-provided health care plans. In an effort to correct long-standing problems in our health care industry, the Obama administration's flawed approach ultimately will lead to an additional 175 million employed workers being forced into the government's health care coverage system. Easy To Insure ME has the answers.

The demise of employer-provided health care plans will begin with startup companies and small employers, who will never offer health care coverage. Next, small- to medium-size employers will determine that it makes more sense to pay a fine of $2,000 to $3,000 per employee than to pay much more for private coverage. Large employers will follow suit, eventually eliminating their health care plans so they can remain competitive. All good companies support their employees, but will the competitive pressure to reduce costs and get out of the health insurance business be too strong to withstand?

Union members may think their plans won't be changed, but they are among the most vulnerable. Their plans already are under attack. If their company goes into receivership or bankruptcy because of competition or a recession, it is possible that contracts will become moot. Items deemed unaffordable will be reduced or eliminated. Simply refer to automobile manufacturers and airlines as examples.

Unless Obamacare is undone, employer-provided health care will soon be gone. Those who can afford it will be in private health care systems. Those who cannot will be dependent on the government to provide their health care. Is this really the direction we want to go?

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