« Muslim dances on Catholic Holy Altar | Main | Available For Clown Parties, Too. »

Corporations are just not playing along

Boeing is the latest:

Aerospace giant Boeing is joining the list of companies that say the new health care law could have a potential downside for their workers.

In a letter mailed to employees late last week, the company cited the overhaul as part of the reason it is asking some 90,000 nonunion workers to pay significantly more for their health plan next year. A copy of the letter was obtained Monday by The Associated Press.

"The newly enacted health care reform legislation, while intended to expand access to care for millions of uninsured Americans, is also adding cost pressure as requirements of the new law are phased in over the next several years," wrote Rick Stephens, Boeing's senior vice president for human resources.

Boeing is the latest major employer to signal a shift for its workers as a result of the legislation, which expands coverage to more than 30 million uninsured people and ranks as President Barack Obama's top domestic achievement. Earlier, McDonald's had raised questions about whether a limited benefit plan that serves some 30,000 of its employees would remain viable under the law. That prompted the administration to issue McDonald's a waiver from certain requirements under the law.

Spokeswoman Karen Forte said the Boeing plan is more generous than what its closest competitors offer, and the company was concerned it would get hit with a new tax under the law.

The tax on so-called "Cadillac" health plans doesn't take effect until 2018, but employers are already beginning to assess their exposure because it is hefty: at 40 percent of the value above $10,200 for individual coverage and $27,500 for a family plan.

"We want to manage our costs so this tax doesn't apply to our plan, but that's down the road," said Forte. "If this health care law hadn't passed, would we be making changes to the health care benefit? Absolutely. For competitive reasons."

There's more of this on the way unless folks are elected who will do their damndest to overturn this pig.

November will tell the tale.


TrackBack URL for this entry:

Listed below are links to weblogs that reference Corporations are just not playing along:

» Brutally Honest linked with Corporations are just not playing along

Comments (8)

"If you like your health ca... (Below threshold)

"If you like your health care plan, you can keep your health care plan......."

Barry said so.

It's at least possible that... (Below threshold)
Arizona CJ:

It's at least possible that Obamacare will be dead before the new congress is seated.

The lawsuit by 20 states looks to be going well, and the individual mandate could well be toast. The jedge refered to the government's defense of "it's a tax" as "Alice in wonderland". Seems they were so sensitive about it being called a tax when they wrote it they they screwed themselves in the wording.

Then comes the fun part: the morons forgot to put a severability clause in the Obamacare law. So, if the mandate is struck down, it is very likely that the whole rotten thing gets a stake through its heart.

Fingers crossed.

If it were found to be 'con... (Below threshold)

If it were found to be 'constitutional', I wonder how many citizens will suddenly get religion, and thus object on 'religious grounds'?

That will drive the liberals crazy!

How many thousands of pages... (Below threshold)
jim m:

How many thousands of pages is the law? The Supreme Court will not strike it down as a whole. It cannot as the case is about a specific aspect of the bill. They could and likely will only strike down the offending part of the law.

Other provisions such as he 1099 issue are not even going to be presented to the court so they will have no basis to strike them down. Our only hope it a direct repeal and obama will veto that. Never-the-less it must be done and when he leave office it must be done again and the repeal signed.

Actually, if Arizona CJ is ... (Below threshold)
Jim Addison:

Actually, if Arizona CJ is correct and they neglected to include the standard severability clause to the final bill - not at all impossible considering the frantic way it was cobbled together - any part struck down finishes the whole thing. That's WHY virtually every bill - and private contract - has such a clause.

That would be very sweet if the Democrats' own incompetence doomed the whole monstrosity.

The real injustice is that ... (Below threshold)

The real injustice is that these big corporations are getting waivers from the Federal government (ie McDonald's); while the rest of us have to play by these regulations. The government picking winners and their friends.

Yeah, but Boeing is apparen... (Below threshold)
Mark S.:

Yeah, but Boeing is apparently trying to throw Democrats a bone in the process.

asking some 90,000 nonunion workers to pay significantly more for their health plan next year.

What about the union workers? You know they have them in Boeing, so do their paychecks get affected? NO?

"Join the Union, you won't have to pay more for Health-Care!"

Like our representitives in... (Below threshold)

Like our representitives in congress I haven't read the bill, also like our representitives in congress if I did I wouldn't understand what it says but, if the court strikes down the individual mandate doesn't the entire bills funding come apart at the seams?






Follow Wizbang

Follow Wizbang on FacebookFollow Wizbang on TwitterSubscribe to Wizbang feedWizbang Mobile


Send e-mail tips to us:

[email protected]

Fresh Links


Section Editor: Maggie Whitton

Editors: Jay Tea, Lorie Byrd, Kim Priestap, DJ Drummond, Michael Laprarie, Baron Von Ottomatic, Shawn Mallow, Rick, Dan Karipides, Michael Avitablile, Charlie Quidnunc, Steve Schippert

Emeritus: Paul, Mary Katherine Ham, Jim Addison, Alexander K. McClure, Cassy Fiano, Bill Jempty, John Stansbury, Rob Port

In Memorium: HughS

All original content copyright © 2003-2010 by Wizbang®, LLC. All rights reserved. Wizbang® is a registered service mark.

Powered by Movable Type Pro 4.361

Hosting by ServInt

Ratings on this site are powered by the Ajax Ratings Pro plugin for Movable Type.

Search on this site is powered by the FastSearch plugin for Movable Type.

Blogrolls on this site are powered by the MT-Blogroll.

Temporary site design is based on Cutline and Cutline for MT. Graphics by Apothegm Designs.

Author Login

Terms Of Service

DCMA Compliance Notice

Privacy Policy