The Corner

Thank You, Obamacare, Continued

AP:

WASHINGTON – The big aircraft maker Boeing Co. says “cost pressures” from the new health care law are part of the reason it’s asking employees to pay more for their medical benefits next year.

In a letter mailed to employees late last week, Boeing said deductibles and copayments are going up significantly for some 90,000 nonunion workers.

The company cited three major reasons for the cost shift, including untamed health care inflation, the effects of the new law, and lifestyle issues including being overweight and lack of exercise.

Spokeswoman Karen Forte said Boeing is concerned that its relatively generous plan will get hit with a new tax under the law in 2018, but that the company would have made the changes anyway.

Boeing isn’t the first organization to find the legislation compounding problems. I suspect it won’t be the last.

Most Popular

U.S.

New York City’s Downward Spiral

New York City must be one of the few places on earth where chaos nostalgia is widespread. Many were the laments, in the Giuliani-Bloomberg era, that the city was “too sanitized,” “too gentrified,” “too boring,” “anodyne,” “suburban.” Often you’d hear people saying, or declaiming, that their ... Read More
U.S.

New York City’s Downward Spiral

New York City must be one of the few places on earth where chaos nostalgia is widespread. Many were the laments, in the Giuliani-Bloomberg era, that the city was “too sanitized,” “too gentrified,” “too boring,” “anodyne,” “suburban.” Often you’d hear people saying, or declaiming, that their ... Read More

Why Trump’s Losing

President Trump pulled an inside straight to win in 2016, and now he needs another one. The good news for Trump is that his approval rating has stopped falling recently. The bad news is that it has stabilized in the low 40s. Election-watcher Harry Enten points out that no president since Harry Truman has won ... Read More

Why Trump’s Losing

President Trump pulled an inside straight to win in 2016, and now he needs another one. The good news for Trump is that his approval rating has stopped falling recently. The bad news is that it has stabilized in the low 40s. Election-watcher Harry Enten points out that no president since Harry Truman has won ... Read More