Thursday, October 31, 2013

Why Obamacare could raise your premiums at work

CNBC reports:
The estimated 149 million Americans under age 65 who get their health insurance through their employers could be the next group to feel the impact of the Affordable Care Act.

Open enrollment for 2014 is about to begin at thousands of companies, and many employers are blaming Obamacare—at least in part—for cost increases they are passing on to their workers.

Employees' costs are expected to rise 5 to 7 percent next year, according to early estimates. Those annual increases have been a fixture for years. But in some 2014 open enrollment documents reviewed by CNBC, companies are specifically citing the law as a factor in next year's pricing.
The great moments of ObamaCare.