AT&T, Caterpillar, Verizon, and Deere Considered Dropping Health Coverage

Filed under: Management, Employees, AT and T (T), Caterpillar (CAT), Verizon Communications (VZ), Deere and Co (DE), Politics

Some amazing information has come to light regarding AT&T (ATT), Verizon (VZ), Caterpillar (CAT) and Deere & Co. (DE). It would seem that these companies (among a host of others, I'm sure) have initially determined that dropping health coverage for employees could significantly benefit their bottom lines, and thus benefit investors.

No Surprise Here

As reported by CNNMoney.com, when the health reform bill finally received the president's signature, many large companies began to assess the potential costs of the legislation. At the same time, much was made of the large write-downs that companies took in reaction to changes brought on by the new law.

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AT&T, Caterpillar, Verizon, and Deere Considered Dropping Health Coverage originally appeared on BloggingStocks on Sat, 08 May 2010 13:40:00 EST. Please see our terms for use of feeds.

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Verizon Communications - Caterpillar - United States - AT&T - Law

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