UPS announced last week that it will be dropping 15,000 spouses of employees from its health care plans due to Obamacare. Their reasoning is that since Obamacare legislates that your employer must provide coverage or pay a fine, spouses that have coverage available to them through their own employer should take that coverage. They are also, of course, citing cost as a major factor. This is a big move by a major U.S. employer and many think it will open the door for other large employers to do the same.
See the complete article here by CBS This Morning by Amanda Cochran.
WestLake Financial Group, Inc.
1477 Barclay Blvd
Buffalo Grove, IL 60089