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AARP ups Employee HC Premiums
Old 11-06-2010, 12:20 PM   #1
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AARP ups Employee HC Premiums

Was there some kind of miscalculation at AARP? Seems so.

Quote:
AARP's endorsement helped secure passage of President Barack Obama's health care overhaul. Now the seniors' lobby is telling its employees their [COLOR=#366388! important][COLOR=#366388! important]insurance [COLOR=#366388! important]costs[/COLOR][/COLOR][/COLOR] will rise partly as a result of the law.

In an e-mail to employees, AARP says health care premiums will increase by 8 percent to 13 percent next year because of rapidly rising medical costs.

And [COLOR=#366388! important][COLOR=#366388! important]AARP[/COLOR][/COLOR] adds that it's changing copayments and deductibles to avoid a 40 percent tax on high-cost health plans that takes effect in 2018 under the law. Aerospace giant Boeing also has cited the tax in asking its workers to pay more. Shifting costs to employees lowers the value of a [COLOR=#366388! important][COLOR=#366388! important]health [COLOR=#366388! important]care [/COLOR][COLOR=#366388! important]plan[/COLOR][/COLOR][/COLOR] and acts like an escape hatch from the tax.
Citing health overhaul, AARP hikes employee costs - Yahoo! News
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Old 11-06-2010, 02:36 PM   #2
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Originally Posted by mickeyd View Post
Was there some kind of miscalculation at AARP? Seems so.

Citing health overhaul, AARP hikes employee costs - Yahoo! News
That just brought a big smile to my face.
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