Saturday, November 6, 2010

Comeuppance alert!

Poor AARP.  Remember how they came out of the box in support of ObamaCare?  It cost them sixty thousand members.  Now, in a case of no bad deed ever goes unpunished, they have been forced to informed their employees that their healthcare costs are going up thanks to, drumroll....ObamaCare:

In 2009, the AARP argued that the health care law was a good deal for seniors. That remains to be seen, and a large number of seniors seem to disagree. Regardless, it appears it’s less of a good deal for employees.

AARP's endorsement helped secure passage of President Barack Obama's health care overhaul. Now the seniors' lobby is telling its employees their insurance costs will rise partly as a result of the law.

In an e-mail to employees, AARP says health care premiums will increase by 8 percent to 13 percent next year because of rapidly rising medical costs.

And AARP adds that it's changing copayments and deductibles to avoid a 40 percent tax on high-cost health plans that takes effect in 2018 under the law. Aerospace giant Boeing also has cited the tax in asking its workers to pay more. Shifting costs to employees lowers the value of a health care plan and acts like an escape hatch from the tax.
Well, what goes around really does come around doesn't it?  AARP's employees have my sympathy, I know exactly how they feel.  Many of us do.  Unfortunately, I doubt that we will be hearing a "We screwed up" coming from the leadership of AARP.  In any case AARP's credibility is taking a well deserved hit.

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