IBM To Dump Retirees Into Obamacare

  • Posted by a hidden member.
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    Sep 08, 2013 3:00 PM GMT
    Obamacare strikes again. What happened to "If you like your health care plan, you can keep it" huh?

    International Business Machines Corp. plans to move about 110,000 retirees off its company-sponsored health plan and instead give them a payment to buy coverage on a health-insurance exchange, in a sign that even big, well-capitalized employers aren't likely to keep providing the once-common benefits as medical costs continue to rise.



    http://www.foxnews.com/us/2013/09/07/ibm-to-move-retirees-off-health-plan/
  • TroyAthlete

    Posts: 4269

    Sep 08, 2013 5:58 PM GMT
    As usual Fox News misses the boat in its constant opposition to Obama that nobody besides right-wingers takes seriously:

    http://news.yahoo.com/ibm-transfer-u-retirees-healthcare-exchanges-next-021232566--sector.htmlEThe plan, it said, offered IBM retirees more choice and better value than the company could provide through existing group plans.

    IBM also said it was hosting meetings with groups of retirees across the country to inform them about the move to the country's largest private Medicare Exchange.

    While some retirees may be skeptical, studies showed that the majority of people have a more positive outlook once they were presented with the concept and understood the options available to them through these exchanges, IBM said.

    Moving retirees to an exchange allows companies to reduce rising health care costs.

    "IBM didn't make this change to save money - it does not reduce our costs," a spokesman said.


    When your only sources are Breitbart, Hot Air, Stormfront, and Fox News, it helps to check out credible sources before bothering others with biased, whiny nonsense.
  • Posted by a hidden member.
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    Sep 08, 2013 6:07 PM GMT
    Please cite the inaccuracies in the FoxNews article.

    Thanks.
  • creature

    Posts: 5197

    Sep 09, 2013 10:35 PM GMT
    Hidden/Deleted Member?
  • Posted by a hidden member.
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    Sep 10, 2013 12:44 PM GMT
    HereAndThere saidPlease cite the inaccuracies in the FoxNews article.

    Thanks.

    Blow me.
  • rnch

    Posts: 11524

    Sep 10, 2013 1:47 PM GMT
    creature saidHidden/Deleted Member?




    Southbitch/HereAndThere/(insert his sock puppet name of the week) got busted and banned again icon_question.gif
  • PIccadilly

    Posts: 240

    Sep 10, 2013 2:59 PM GMT
    He's like Dr. Who. It's always exciting to see what he'll morph into next icon_lol.gif
  • rnch

    Posts: 11524

    Sep 10, 2013 3:09 PM GMT
    Piccadilly saidHe's like Dr. Who. It's always exciting to see what he'll morph into next icon_lol.gif





    Good One icon_exclaim.gif







    icon_lol.gif