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Obamacare Causing California Nonprofit to Drop Insurance for Employees
Posted By admin On November 9, 2013 @ 6:31 am In U.S. News | Comments Disabled
November 9, 2013
Ninety employees of California Vocations, a state-funded nonprofit that supports adults with developmental disabilities, learned that their insurance with Blue Shield will be terminated at the end of the year.
California Vocations Executive Director Bob Irvine said it’s been frustrating for the organization and its employees.
Irvine said the organization’s board of directors cancelled its policies because the new Obamacare regulations force it to purchase more expensive policies it simply can not afford.
”That would have been another 250,000 dollars” said Irvine.
Instead, it’s cheaper to pay a 100,000 dollar per year fine for not providing health care insurance, saving the company $150,000 by canceling the policy.
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URLs in this post:
 krcrtv.com: http://www.krcrtv.com/news/local/paradise-business-drops-employee-insurance-due-to-obamacare/-/14322302/22863562/-/n0rmaaz/-/index.html
 Rate Shock: In California, Obamacare To Increase Individual Health Insurance Premiums By 64-146%: http://www.prisonplanet.com/rate-shock-in-california-obamacare-to-increase-individual-health-insurance-premiums-by-64-146.html
 Almost one in ten employers to drop health insurance coverage under Obamacare: http://www.prisonplanet.com/almost-one-in-ten-employers-to-drop-health-insurance-coverage-under-obamacare.html
 Single women’s health insurance premiums set to double in California, thanks to Obamacare: http://www.prisonplanet.com/single-womens-health-insurance-premiums-set-to-double-in-california-thanks-to-obamacare.html
 RATE SHOCK: Obamacare causing 539% increase in health insurance costs for Texans (see proof): http://www.prisonplanet.com/rate-shock-obamacare-causing-539-increase-in-health-insurance-costs-for-texans-see-proof.html
 900,000 to lose health insurance in California as Obamacare disaster spreads: http://www.prisonplanet.com/900000-to-lose-health-insurance-in-california-as-obamacare-disaster-spreads.html
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