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CarrieLynne

(497 posts)
Wed Oct 2, 2013, 10:47 AM Oct 2013

my work is being deceptive...

I work in HR - I have attended several meetings where we discuss our Experience Rating (which measures Premiums paid vs Claims Paid)
We have an aging population at my work - alot of older people who are starting to use their medical coverage more often...we have three people recieving cancer treatment and sadly, another who passed away earlier this year.....
this makes our experience rating go thru the roof - claims are double of what we are paying in premiums - they are losing money on us....thats why our premiums are going up in 2014 - plain and simple -

yet - the management here, when putting out a benefits survey, at the top wrote "premiums will be going up due to Obamacare'

obviously, they cant say people are recieving cancer treatment but do we really need to lie to everyone? do we need to perpetuate erroneous propaganda? grrr....

our company has a benefits package that far surpasses the requirements for obamacare - we dont have any part timers...we have very little that we have to do because of obama care....so it makes me mad that they would do this....

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my work is being deceptive... (Original Post) CarrieLynne Oct 2013 OP
How very frustrating! Kber Oct 2013 #1

Kber

(5,043 posts)
1. How very frustrating!
Wed Oct 2, 2013, 10:54 AM
Oct 2013

I'm also in HR and we have been able to put out more honest information. Funnily, I got accused in the last employee meeting of being "biased towards Obamacare" when I explained that our rates weren't going up and that the ACA would have little to no impact on us beyond what was already implemented (dependents to age 26 and 100% coverage for preventative care, etc).

In the end it's better for business to be honest anyway. Employees can sniff out BS pretty quick.

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