Large companies consider employee health insurance benefits Dropping

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Large companies consider employee health insurance benefits Dropping -

scissors Today in Politico , Fortune magazine reported that AT & T, Verizon, Caterpillar and John Deere are considering the abandonment of health insurance benefits for their employees and bearing the weight of a federal fine to do so.

Article Politico said the Fortune report was not clear if companies were simply an evaluation to drop coverage or really intend to bring about. AT & T, Caterpillar and John Deere declined to comment on the case.

After the Fortune report, Verizon has since said they will not cancel their group health insurance plans for employees.

Health Reform Critics have warned that Americans with employer-sponsored coverage could face loss of coverage, even though President Obama promised that citizens liked their current coverage could keep it.

If these companies were to file a blanket, they pay a penalty of $ 2,000 for each employee; although some receive federal subsidies to purchase their own health insurance.

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