SIGN UP FOR THE BREITBART EMAIL NEWSLETTER

UPS Dropping Coverage for 15,000 Spouses over Obamacare

UPS Dropping Coverage for 15,000 Spouses over Obamacare

The United Parcel Services (UPS) announced it will drop 15,000 workers’ spouses from medical insurance plans citing Obamacare as a chief reason for the decision.

The Atlanta Business Chronicle reports a UPS memo sent to employees says increased medical costs “combined with the costs associated with the Affordable Care Act, have made it increasingly difficult to continue providing the same level of health care benefits to our employees at an affordable cost.”

Kaiser Health News says two months ago UPS informed white-collar workers that 15,000 spouses would be cut from health coverage because they were eligible to receive insurance from their own employers. 

UPS says the decision will save the company an estimated $60 million annually.

A recent survey of 420 companies found that 40% plan to change their insurance plans in 2014 when Obamacare begins. 

P.S. DO YOU WANT MORE ARTICLES
LIKE THIS ONE DELIVERED RIGHT TO YOUR INBOX?
SIGN UP FOR THE DAILY BREITBART NEWSLETTER.


Comment count on this article reflects comments made on Breitbart.com and Facebook. Visit Breitbart's Facebook Page.

SIGN UP FOR THE OFFICIAL
BREITBART EMAIL NEWSLETTER

GET TODAY'S TOP NEWS DELIVERED RIGHT TO YOUR INBOX

I don't want to get today's top news.

x