UPS CFO: ObamaCare Forced Us to Drop Coverage for 15,000 Spouses of Employees

BECKY QUICK Kurt can ░░░░░░░░ ask you while you ░░░░░░░░ here too there was ░░░░░░░░ news that you all ░░░░░░░░ about dropping benefits for ░░░░░░░░ 000 spouses of your ░░░░░░░░ You cited that back ░░░░░░░░ ObamaCare What happened KURT ░░░░░░░░ What we did actually ░░░░░░░░ just say the spouse ░░░░░░░░ one of our employees ░░░░░░░░ is employed and their ░░░░░░░░ offers health care insurance ░░░░░░░░ we would expect that ░░░░░░░░ to cover their insurance ░░░░░░░░ we didn t drop ░░░░░░░░ care coverage for anybody ░░░░░░░░ couldn t get health ░░░░░░░░ And what then what ░░░░░░░░ did BECKY QUICK What ░░░░░░░░ that have to do ░░░░░░░░ ObamaCare KURT KUEHN Well ░░░░░░░░ ObamaCare mandates did increase ░░░░░░░░ do increase costs for ░░░░░░░░ We re managing health ░░░░░░░░ inflation plus some of ░░░░░░░░ increased coverage mandates led ░░░░░░░░ to make a decision ░░░░░░░░ now that we know ░░░░░░░░ most employers will provide ░░░░░░░░ care it made sense ░░░░░░░░ that employer to cover ░░░░░░░░ cost of that benefit.”