Businesses React to Rising Cost of ObamaCare: They're Cutting Benefits

The world of cause and effect. Spending programs regardless of their intentions always brings unintended consequences.

Remember the part in the ObamaCare pitch when they said if you like your current healthcare, it won't change?

Turns out it might.

Companies are already announcing that their healthcare premium costs are going through the roof. Some are responding by firing people. Some are cutting benefits. And some are presumably eating it.

Source: finance.yahoo.com