Mystery Solved

that was a puzzler

Under ObamaCare, [a survey of America's largest firms shows] these large employers can save serious money by dropping coverage. Among the 71 firms responding, the estimated savings come to $28.6 billion in 2014 alone and $422.4 billion through 2023. This is despite the law’s penalty of $2,000 per full-time employee paid by companies that decide not to pay for coverage. The net savings per dropped employee would be $4,821, on an after-tax basis, in 2014.

5 Comments!

  1. Posted May 3, 2012 at 7:25 pm |

    Thus accomplishing the goal of getting more people on government health care.

  2. mech
    Posted May 3, 2012 at 8:36 pm |

    This inconvenient truth was brought up a couple of years ago.

    Does the ‘savings’ go to the employees for their use toward their healthcare choices or at least salary, or does the company just conveniently keep it.

    Seems the value of the healthcare is implied in the employment agreement and should be replaced if the medical plan is no longer provided by the employer.

  3. Posted May 3, 2012 at 9:09 pm |

    Math is hard.

  4. Colonel Jerry USMC
    Posted May 4, 2012 at 6:32 am |

    See! This is what happens if you read the fucking thing!

  5. mojo
    Posted May 4, 2012 at 7:13 am |

    Oh, you mean EXACTLY WHAT WE SAID WOULD HAPPEN?

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