UPS cuts insurance to 15,000 spouses, blames Obamacare:
UPS announced to its employees recently that they were eliminating benefits for the spouses of some 15,000 employees. This should not come as a shock to anyone. The only thing that should be shocking was that it was only 15,000. UPS is putting the blame squarely on the Affordable Care Act aka Obamacare…
UPS blamed the move on several aspects of Obamacare, including mandatory coverage for dependent children up to age 26 and new government fees.
“We are making these changes to offset cost increases due to the [Affordable Care Act],” the memo states.
I actually posted about this three years ago. At the time I was working for a company who did the annual enrolments for UPS. Even at that time, UPS was limiting benefits for spouses. As I keep saying the Affordable Care Act is having the reverse effect of its alleged original intention.
As I’ve also said before if the government really wanted to have true healthcare reform they would investigate the health insurance carriers on the state level because it always seems that one or two healthcare carriers seem to control the majority of healthcare insurance accounts in each state. I’m not saying it’s collusion between the states and the insurance companies but if it walks like a duck.