Another employer drops health insurance thanks to Obamacare

Posted by: Phineas on February 21, 2013 at 3:49 pm

**Posted by Phineas

And do I blame them? No. They’re being economically rational. Democrats created this mess, let them take the credit:

Universal Orlando plans to stop offering medical insurance to part-time employees beginning next year, a move the resort says has been forced by the federal government’s health-care overhaul.

The giant theme-park resort, which generates more than $1 billion in annual revenue, began informing employees this month that it will offer health-insurance to part-timers “only until December 31, 2013.”

The reason: Universal currently offers part-time workers a limited insurance plan that has low premiums but also caps the payout of benefits. For instance, Universal’s plan costs about $18 a week for employee-only coverage but covers only a maximum of $5,000 a year toward hospital stays. There are similar caps for other services.

Those types of insurance plans — sometimes referred to as “mini-med” plans — will no longer be permitted under the federal Affordable Care Act. Beginning in 2014, the law will prohibit insurance plans that impose annual monetary limits on essential medical care such, as hospitalization, or on overall spending.

Universal is one of the largest employers in Central Florida, with approximately 17,000 employees. It has thousands of part-time workers, though Universal said only about 500 of them are enrolled in the current insurance plan, as many part-timers are covered by a parent’s or spouse’s insurance.

So, that’s “only” 500 people who lose their health plans (that may well have met their needs just fine), thanks to the PPACA and the Democrats. Still, what was it someone was saying about liking your health plan…. Oh, yeah! Now I remember!

Too bad he didn’t have time to visit Universal and explain how wonderful this was to these people, while he was down there golfing with Tiger Woods

(Crossposted at Public Secrets)

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2 Responses to “Another employer drops health insurance thanks to Obamacare”

Comments

  1. Carlos says:

    Yeah, now there’s a bunch of jackasses jumping on the “Hold your horses!” bandwagon, saying there’s a bunch of “unintended consequences” showing up in that fetid piece of crap.

    Unfortunately, the way they’re looking at it, they want to make “corrections” to a bill that will as surely bury the United States as any ever could, instead of ridding us of the monster.

    Typical Democrap theology. Let’s find a solution to a problem that doesn’t exist as we see it, then we can tinker it to death while the people who elected us suffer in mute silence until no one recognizes why the first bill was passed in the first place. And every time something goes wrong with the legislation (which is daily) we can blame it on Republicans and conservatives (one and the same to Democraps/LSM-types) or, at worst, capitalism.

    Fools elected by fools to run a fool nation to its death.

  2. Two things are worth noting. This health care initiative is almost identical to the one Shrillary was attempting to have enacted while her wayward hubbie, the Unabanger, was Lecher-in-Chief. The current commiecrat mess that is on the verge of causing a political meltdown passed without a single Republican vote.