Due to ObamaCare, 3M Won’t Provide Health Insurance to Retirees

by Dave Blount | October 6, 2010 2:18 pm

The damage from ObamaCare continues to unfold[1]:

3M Co., citing new federal health laws, said Monday it won’t cover retirees with its corporate health-insurance plan starting in 2013.

Instead, the company will direct retirees to Medicare-backed insurance programs, and will provide reimbursement for that coverage.

That would be the same Medicare that the Dems just cut by $500 billion[2] to help pay for ObamaCare. Currently 3M has 23,000[3] retirees in the USA.

Here we see that ObamaCare is working as planned. It has two primary goals: 1) to take health insurance out of the hands of employers and 2) to drive insurance companies into bankruptcy with impossible demands. These objectives will herd us all into the arms of Big Government for medical care. The ultimate purpose is not providing healthcare or even spreading the wealth around, but exerting total control over the population.

The strategy of causing or fabricating a crisis situation, demonizing the private sector, then stepping in to nationalize has also worked well in the mortgage and automotive industries. Other sectors likely to be subjected to Obamunization include energy and agriculture. If the plan works, America will eventually be distinguishable from the Soviet Union only by its systematic discrimination against Caucasians.

Via Sad Hill News[4].

On tips from J, Doug Ross[5], Sad Hill News[4], and GoY[6]. Cross-posted at Moonbattery[7].

  1. unfold: http://www.bizjournals.com/twincities/stories/2010/10/04/daily3.html
  2. $500 billion: http://online.wsj.com/article/SB10001424052970203517304574303903498159292.html
  3. 23,000: http://online.wsj.com/article/SB10001424052748703859204575526953379583836.html?mod=googlenews_wsj
  4. Sad Hill News: http://sadhillnews.com/2010/10/05/3m-battles-obamacare-retirees-hang-in-the-balance
  5. Doug Ross: http://directorblue.blogspot.com/2010/10/obama-lied-health-plans-died-3m.html
  6. GoY: http://yardale.wordpress.com/
  7. Moonbattery: http://www.moonbattery.com/

Source URL: https://rightwingnews.com/economy/due-to-obamacare-3m-wont-provide-health-insurance-to-retirees/