It is a well-known fact that nobody in Congress ever reads, or even skims, any law, and especially not the fine print, it passes until long after it has been enacted into law. It appears the same is just as true for the biggest pillar of support for the Obama administration: America's labor unions, whose liberal vote every election is instrumental to preserving the outflow side of America's welfare state. As it turns out, it was the same labor unions who enthusiastically supported the primary accomplishment of the Obama administration in the past 4 years, Obamacare, only to realize, long after it has become reality that, surprise, their healthcare plan costs are about to go up. And, as the WSJ colorfully summarizes, they are now "turning sour."
From WSJ:
Union leaders say many of the law's requirements will drive up the costs for their health-care plans and make unionized workers less competitive. Among other things, the law eliminates the caps on medical benefits and prescription drugs used as cost-containment measures in many health-care plans. It also allows children to stay on their parents' plans until they turn 26.
So what are the Unions' demands to offset what they only now realize will push their overall costs higher? What else: Moar!
To offset that, the nation's largest labor groups want their lower-paid members to be able to get federal insurance subsidies while remaining on their plans. In the law, these subsidies were designed only for low-income workers without employer coverage as a way to help them buy private insurance.
Top officers at the International Brotherhood of Teamsters, the AFL-CIO and other large labor groups plan to keep pressing the Obama administration to expand the federal subsidies to these jointly run plans, warning that unionized employers may otherwise drop coverage.
But, but, they can't - that's the whole point, or didn't they read that part too? Doesn't matter - to them it is now unfair, nay "unacceptable":
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Guess they got bit in the butt, huh??
ReplyDeletePerhaps they should have set aside some of those millions of dollars they gave Obama to pay the extra costs. Democrats just never figure on the long term issues. With them it's "what can I get right now". Just wait how loud they will scream when their pay will be reduced by 50$ a week to pay off the National debt.
ReplyDeleteThey aren't happy because they won't be eligble for the subsidies because they get employee sponsered health care. Wait until that portion is subject to tax, too.
ReplyDeleteThe top brass at the unions could care less about the workers just their lavish salaries and perks.
ReplyDeleteawwwh. mindless robots. you get what you vote for. we told you so.
ReplyDeleteThe worst is the members are trusting these imcompetents with their pension funds. Most members don't even have a clue who the trustees of these funds are nor how much they are paying themselves to "watch" the pension funds. One thing is for sure these trustees are getting alot more a year for "watching" this money than the rank and file union members can ever hope to make a year.
ReplyDelete