Remember when President Obama said, “If you like your plan, you can keep your plan?” Yeah, that hasn’t exactly ended up being the case, has it? Even Teamsters Union President James Hoffa warned that Obamacare would “shatter” health care benefits.
Indeed, the latest round of those losing their plans (that they liked) are part-time workers at Trader Joe’s. The low-cost chain grocery store has broken industry standards (until now) by offering its health care, dental, and vision plans to part-time workers at a reasonable price.
Unfortunately, with the cost of health care rising, combined with the availability of Obamacare exchanges coming about in 2014, TJ’s (as it’s known in our house) has reportedly declined to continue offering health insurance to employees working less than 30 hours a week.
In a confidential memo dated August 30, CEO Dan Bane said that while health insurance will be cut for part-time workers, the company plans to issue checks to them for $500 each in January, and help them find a new plan under the Affordable Care Act.
I think that’s actually mighty kind of them, as they’re under no obligation to do so.
Predictably, the libs over at Think Progress believe this is a sign that Obamacare is working, because, you know, companies like Trader Joe’s only offered awesome health care benefits because no government options were available before now. Actually, companies have never been obligated to provide health insurance for employees. That’s why they call it a benefit.
And now they can’t afford to anymore, thanks to onerous Obamacare provisions that have skyrocketed the cost of such programs. Don’t worry though; I’m sure everything will work out fine with government-run health care. I mean, Medicare is basically perfect, right?
Do you think Obamacare is working?
Image via Shan213/Flickr