EnviroLink Forum

Community • Ecology • Connection
It is currently Thu Oct 23, 2014 12:36 pm

All times are UTC - 5 hours [ DST ]




Post new topic Reply to topic  [ 14 posts ] 
Author Message
PostPosted: Wed Jun 08, 2011 9:24 am 
Offline
Member with over 1000 posts!
Member with over 1000 posts!
User avatar

Joined: Mon Jan 23, 2006 10:16 pm
Posts: 2453
Location: The only hole built above ground
A report by McKinsey & Co. has found that 30% of employers are likely to stop offering workers health insurance after the bulk of the Obama administration's health overhaul takes effect in 2014.

The findings come as a growing number of employers are seeking waivers from an early provision in the overhaul that requires them to enrich their benefits this year. At the end of April, the administration had granted 1,372 employers, unions and insurance companies one-year exemptions from the law's requirement that they not cap annual benefit payouts below $750,000 per person a year.

But the law doesn't allow for such waivers starting in 2014, leaving all those entities—and other employers whose plans don't meet a slate of new requirements—to change their offerings or drop coverage.


http://online.wsj.com/article/SB10001424052702304906004576371802092308600.html?mod=WSJ_hp_LEFTTopStories

_________________
I can have oodles of charm....... when I want to.


Top
 Profile  
 
PostPosted: Wed Jun 08, 2011 10:23 am 
Offline
Member with over 1000 posts!
Member with over 1000 posts!
User avatar

Joined: Mon Jun 30, 2003 9:27 am
Posts: 5776
Location: USA
Whoa whoa whoa wait a minute...why are we discussing ANY form of government healthcare assistance in a country with people that can't seem to care for themselves?

_________________
TANG SOO!


Top
 Profile  
 
PostPosted: Wed Jun 08, 2011 10:31 am 
Offline
Member with over 1000 posts!
Member with over 1000 posts!
User avatar

Joined: Mon Jan 23, 2006 10:16 pm
Posts: 2453
Location: The only hole built above ground
Fosgate wrote:
Whoa whoa whoa wait a minute...why are we discussing ANY form of government healthcare assistance in a country with people that can't seem to care for themselves?


Because we live in the USE.....The United States of Entitlements.

_________________
I can have oodles of charm....... when I want to.


Top
 Profile  
 
PostPosted: Fri Jun 10, 2011 8:47 am 
Offline
EnviroLink Volunteer
EnviroLink Volunteer
User avatar

Joined: Thu Jun 26, 2003 10:45 pm
Posts: 20562
Location: Southeastern US
Cherry picking anyone?

Previous research has suggested the number of employers who opt to drop coverage altogether in 2014 would be minimal

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer


"The difference between genius and stupidity is that genius has its limits."
Albert Einstein


Top
 Profile  
 
PostPosted: Fri Jun 10, 2011 10:07 am 
Offline
Member with over 1000 posts!
Member with over 1000 posts!
User avatar

Joined: Mon Jan 23, 2006 10:16 pm
Posts: 2453
Location: The only hole built above ground
Wayne Stollings wrote:
Cherry picking anyone?

Previous research has suggested the number of employers who opt to drop coverage altogether in 2014 would be minimal


Duh Wayne, that was the point of the article. Previous research suggested it would be minimal but...the McKinsey study predicts a more dramatic shift from employer-sponsored health plans once the new marketplace takes effect.

Did you read the whole thing or are you having comprehension problems?

_________________
I can have oodles of charm....... when I want to.


Top
 Profile  
 
PostPosted: Fri Jun 10, 2011 11:06 am 
Offline
EnviroLink Volunteer
EnviroLink Volunteer
User avatar

Joined: Thu Jun 26, 2003 10:45 pm
Posts: 20562
Location: Southeastern US
SiberD wrote:
Wayne Stollings wrote:
Cherry picking anyone?

Previous research has suggested the number of employers who opt to drop coverage altogether in 2014 would be minimal


Duh Wayne, that was the point of the article. Previous research suggested it would be minimal but...the McKinsey study predicts a more dramatic shift from employer-sponsored health plans once the new marketplace takes effect.

Did you read the whole thing or are you having comprehension problems?


I read the whole thing and have no problem seeing ONE study which differs from the other studieS does not indicate anything concrete, do you?

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer


"The difference between genius and stupidity is that genius has its limits."
Albert Einstein


Top
 Profile  
 
PostPosted: Fri Jun 10, 2011 2:14 pm 
Offline
Member with over 1000 posts!
Member with over 1000 posts!
User avatar

Joined: Mon Jan 23, 2006 10:16 pm
Posts: 2453
Location: The only hole built above ground
Wayne Stollings wrote:
SiberD wrote:
Wayne Stollings wrote:
Cherry picking anyone?

Previous research has suggested the number of employers who opt to drop coverage altogether in 2014 would be minimal


Duh Wayne, that was the point of the article. Previous research suggested it would be minimal but...the McKinsey study predicts a more dramatic shift from employer-sponsored health plans once the new marketplace takes effect.

Did you read the whole thing or are you having comprehension problems?


I read the whole thing and have no problem seeing ONE study which differs from the other studieS does not indicate anything concrete, do you?


Oh, I don't know about totally discounting it Wayne. After all, its an article from the Wall Street Journal, not exactly a blog, by a prominent consulting firm...

McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions. It is often recognized as the most prestigious firm in the management consulting industry[3][4] and has been a top employer for new MBA graduates since 1996.[5]

_________________
I can have oodles of charm....... when I want to.


Top
 Profile  
 
PostPosted: Fri Jun 10, 2011 3:12 pm 
Offline
EnviroLink Volunteer
EnviroLink Volunteer
User avatar

Joined: Thu Jun 26, 2003 10:45 pm
Posts: 20562
Location: Southeastern US
SiberD wrote:
Wayne Stollings wrote:
SiberD wrote:
Duh Wayne, that was the point of the article. Previous research suggested it would be minimal but...the McKinsey study predicts a more dramatic shift from employer-sponsored health plans once the new marketplace takes effect.

Did you read the whole thing or are you having comprehension problems?


I read the whole thing and have no problem seeing ONE study which differs from the other studieS does not indicate anything concrete, do you?


Oh, I don't know about totally discounting it Wayne. After all, its an article from the Wall Street Journal, not exactly a blog, by a prominent consulting firm...

McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions. It is often recognized as the most prestigious firm in the management consulting industry[3][4] and has been a top employer for new MBA graduates since 1996.[5]


I did not discount it, but I did not give it any more weight than the other studies on the same issue. The fact multiple studies agree gives the supported conclusion more weight. Unless and until there is another study to support this one it is more of an outlier than anything else.

The question is why you would give that one study more weight than the other studies?

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer


"The difference between genius and stupidity is that genius has its limits."
Albert Einstein


Top
 Profile  
 
PostPosted: Fri Jun 10, 2011 4:47 pm 
Offline
Member with over 1000 posts!
Member with over 1000 posts!
User avatar

Joined: Mon Jan 23, 2006 10:16 pm
Posts: 2453
Location: The only hole built above ground
Quote:
The question is why you would give that one study more weight than the other studies?



What other studies would that be Wayne? Can't really compare something that was only mentioned in passing by a spokesperson for the Obama administration. That would be the last source that would want to lend credence to this study, which is current with a pretty good sampling of 1,300 employers.

_________________
I can have oodles of charm....... when I want to.


Top
 Profile  
 
PostPosted: Fri Jun 10, 2011 5:05 pm 
Offline
EnviroLink Volunteer
EnviroLink Volunteer
User avatar

Joined: Thu Jun 26, 2003 10:45 pm
Posts: 20562
Location: Southeastern US
SiberD wrote:
Quote:
The question is why you would give that one study more weight than the other studies?



What other studies would that be Wayne? Can't really compare something that was only mentioned in passing by a spokesperson for the Obama administration. That would be the last source that would want to lend credence to this study, which is current with a pretty good sampling of 1,300 employers.


http://www.marketstrategies.com/many+co ... ffect.aspx

Some notable findings regarding 2014 employer health benefits intentions:

Among companies included in the study and currently offering health care benefits (covering 92 percent of all workers):
76 percent will continue to do so
15 percent will offer coverage to some full-time employees
9 percent will stop doing so
Among companies currently not offering health care benefits (covering 8 percent of all workers):
28 percent will begin to offer them in 2014
19 percent will begin to offer coverage to some full-time employees
53 percent will not begin to offer health care benefits

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer


"The difference between genius and stupidity is that genius has its limits."
Albert Einstein


Top
 Profile  
 
PostPosted: Fri Jun 10, 2011 5:28 pm 
Offline
Member with over 1000 posts!
Member with over 1000 posts!
User avatar

Joined: Mon Jan 23, 2006 10:16 pm
Posts: 2453
Location: The only hole built above ground
While that study is better than the 30% overall amount of employers who will stop coverage it still does not paint too rosy a picture.

Amongst employers who now offer insurance 9% will drop it and 15% will offer it to SOME employees? WTF does that mean? They'll only offer it to their CEO's? LOL!

And the other employers who do not currently offer insurance over 50% will still not offer it represents another 4% of the total.

And this statement from your study really tells the story.......


“Beyond the planned exodus by some firms is the potential for other companies to drastically restructure their workforce,” said McIntyre. “There will be strong economic and competitive forces driving some employers away from full-time employees, in favor of more seasonal workers, part-time workers or contractors. Looking at beginning or increasing off-shoring is another option.”

Just what we need!! Yeah, great study Wayne!

_________________
I can have oodles of charm....... when I want to.


Top
 Profile  
 
PostPosted: Sun Jun 12, 2011 10:27 am 
Offline
EnviroLink Volunteer
EnviroLink Volunteer
User avatar

Joined: Thu Jun 26, 2003 10:45 pm
Posts: 20562
Location: Southeastern US
SiberD wrote:
While that study is better than the 30% overall amount of employers who will stop coverage it still does not paint too rosy a picture.

Amongst employers who now offer insurance 9% will drop it and 15% will offer it to SOME employees? WTF does that mean? They'll only offer it to their CEO's? LOL!

And the other employers who do not currently offer insurance over 50% will still not offer it represents another 4% of the total.

And this statement from your study really tells the story.......


“Beyond the planned exodus by some firms is the potential for other companies to drastically restructure their workforce,” said McIntyre. “There will be strong economic and competitive forces driving some employers away from full-time employees, in favor of more seasonal workers, part-time workers or contractors. Looking at beginning or increasing off-shoring is another option.”

Just what we need!! Yeah, great study Wayne!


Ahhh, I see. You do not care about the accuracy of the study, but just whether it looks bad or not.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer


"The difference between genius and stupidity is that genius has its limits."
Albert Einstein


Top
 Profile  
 
PostPosted: Sun Jun 19, 2011 12:02 pm 
Offline
Member with over 1000 posts!
Member with over 1000 posts!
User avatar

Joined: Mon Jan 23, 2006 10:16 pm
Posts: 2453
Location: The only hole built above ground
Quote:
Ahhh, I see. You do not care about the accuracy of the study, but just whether it looks bad or not.



Wayne, just pointing out that both studies see trouble ahead employee insurance via the ObamaCare regulations. They just disagree on the percentages involved. Doesn't matter really which one is the closest.

_________________
I can have oodles of charm....... when I want to.


Top
 Profile  
 
PostPosted: Sun Jun 19, 2011 12:46 pm 
Offline
EnviroLink Volunteer
EnviroLink Volunteer
User avatar

Joined: Thu Jun 26, 2003 10:45 pm
Posts: 20562
Location: Southeastern US
SiberD wrote:
Quote:
Ahhh, I see. You do not care about the accuracy of the study, but just whether it looks bad or not.



Wayne, just pointing out that both studies see trouble ahead employee insurance via the ObamaCare regulations. They just disagree on the percentages involved. Doesn't matter really which one is the closest.


ANY move to correct the medical system and the imbalance therein will have problems which will need to be worked out. The key is that doing nothing would have a similar problematic impact.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer


"The difference between genius and stupidity is that genius has its limits."
Albert Einstein


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 14 posts ] 

All times are UTC - 5 hours [ DST ]


Who is online

Users browsing this forum: Bing [Bot] and 17 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to:  
Powered by phpBB® Forum Software © phpBB Group