A survey of 1,300 employers finds that 30 percent will “definitely or probably” stop offering health insurance to their employees due to new requirements imposed by the Obamacare health reform law.The survey, conducted by business journal McKinsey Quarterly, found that contrary to government estimates a large percentage of employers will drop their employee health plans, forcing employees to buy coverage on the government-mandated insurance exchanges.
“Overall, 30 percent of employers will definitely or probably stop offering ESI [Employer Sponsored Insurance] in the years after 2014,” the study found.
In fact, among companies who are most familiar with the laws mandates and regulations, 60 percent would drop employee health plans because of the law.
I just wonder how many companies will move their operations out of the country so they don't have to deal with any of this.
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