Nathan R. Jessup

Posts Tagged ‘Wall Street Journal’

Why Obamacare Will Cost You Everything

In America, Congress, constitution, Government Lies, Health Care, Obama, Pelosi, US Senate on March 25, 2010 at 9:16 pm

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(By Joanne Galloway)

Another company has made public just how much money it’s going to cost them for Obamacare.

(The Wall Street Journal has the story)

Verizon’s Executive vice president for human resources Marc Reed, wrote to company employees yesterday about Obamacare. “Many of the plans that Verizon offers to employees and retirees are projected to have costs above the threshold in the legislation and will be subject to the 40 percent excise tax.”  In other words – Verizon employees had some pretty good insurance coverage – and now Obamacare is going to punish them for it.

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