Wednesday, August 21, 2013

Welcome to Obamacare

The University of Virginia announced its health insurance plan changes thanks to Obamacare.
Is your spouse on your plan?
Maybe they would be better off quitting their job - if their employer doesn't offer good insurance.
Starting Jan. 1, spouses who have access to coverage through their own employer will no longer be eligible for coverage under U.Va.’s plan. Spouses who do not have coverage elsewhere can remain on the employee’s plan, and coverage of children is not affected.
Why the changes?
Provisions of the federal Affordable Care Act are projected to add $7.3 million to the cost of the University health plan in 2014 alone. Federal health care reform will create new costs related to the “individual mandate” that requires all Americans to have health care coverage (or pay a penalty).
In future years, U.Va. could face millions more in taxes through the act if the cost of its plans passes certain thresholds.
We passed the bill, Nancy Pelosi.
Now we're finding out the problems.
UPDATE: Part of Paco's assortment.

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