Posted by Tina
The new health care law just keeps on giving and for some SEIU workers in New York, the gift comes just in time for Christmas:
“Union Drops Health Coverage for Workers’ Children,” by Yuliya Chernova – WSJ
One of the largest union-administered health-insurance funds in New York is dropping coverage for the children of more than 30,000 low-wage home attendants, union officials said. The union blamed financial problems it said were caused by the state’s health department and new national health-insurance requirements.
The fund is administered by 1199SEIU United Healthcare Workers East, an affiliate of the Service Employees International Union. Union officials said the state compelled the fund to start buying coverage from a third party, which increased premiums by 60%. State health officials denied forcing the union fund to make the switch, saying the fund had been struggling financially even before the switch to third-party coverage.
Similar scenarios will unfold all over the country in coming months. Those who don’t understand business have no business writing law that effect business outcomes…what a colossal mess!