"Universal" health care is coming at too great a cost for Universal Studios Orlando.Liberals are running out of businesses to boycott...
The theme park plans to drop medical coverage for part-time workers starting in 2014, due to a provision in the federal health care overhaul.
The rule, which has raised concern at a number of other companies, would restrict annual limits on insurance policies. The trade-off in these plans has historically been that while payouts were capped, premiums were low. With the limits being phased out, companies like Universal Orlando can no longer keep those policies.
Universal spokesman Tom Schroder stressed that the decision affects a relatively small portion of employees.
"We care about our team members and we want them to have the best, most-affordable medical benefits we can provide," he said in a statement. "This particular issue affects about 3 percent of our 17,000 team members, and we're going to continue to work toward a solution."
Wednesday, February 20, 2013
Another business has decided that it has to cut coverage: