AT&T, Deere, Verizon, and Caterpillar Consider Dropping Health Insurance Coverage
Last month, Professor Pilzer put up a post suggesting that Health Care Reform will cause employers to drop their health benefits programs.
It looks like he's on to something...
Two weeks later, documents obtained by Fortune and published on CNN show that many major companies (e.g. AT&T Deere, Verizon and Caterpillar) are considering eliminating their employee benefits plan and paying the penalty. Click here to read the article from CNN Money.
In my next post, I will make an argument in favor of AT&T canceling their coverage in 2014 based on the 2009 numbers below.
In your opinion, why shouldn't AT&T drop their coverage in 2014?