"The plan will affect "roughly 160,000 employees, and will require them to shop for coverage on a private health-insurance marketplace," the Journal continues. "Aside from rising health-care costs, the company cited compliance-related expenses" associated with the new federal health law. "Forbes writes that the exchanges "work like those that are expected to be operational by states or the federal government next month under the Affordable Care Act next year in that they offer consumers more choices plus people who buy coverage are empowered to make choices for their individual needs, benefits consultants say." "The Journal notes that Walgreen is "the latest in a growing list of companies making changes to their benefits," writing that IBM and Time Warner said in recent weeks "they will move thousands of retirees from their own company-administered plans to private exchanges."
Posted on: Wed, 18 Sep 2013 19:16:30 +0000
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