AOL CEO: ObamaCare Will Cost AOL $7.1 Million

ARMSTRONG As a company ░░░░░░░░ re in probably the ░░░░░░░░ intense talent space in ░░░░░░░░ world and so we ░░░░░░░░ to look at our ░░░░░░░░ programs very seriously As ░░░░░░░░ the CEO chair let ░░░░░░░░ give you an example ░░░░░░░░ the decisions we have ░░░░░░░░ make as a company ░░░░░░░░ is an additional 7 ░░░░░░░░ million dollar expense for ░░░░░░░░ as a company So ░░░░░░░░ have to decide whether ░░░░░░░░ not to pass that ░░░░░░░░ to employees or whether ░░░░░░░░ cut other benefits 401k ░░░░░░░░ programs are an added ░░░░░░░░ above and beyond All ░░░░░░░░ our current employees have ░░░░░░░░ and the current employees ░░░░░░░░ stay with us will ░░░░░░░░ that It s a ░░░░░░░░ percent match it s ░░░░░░░░ great program in general ░░░░░░░░ as a CEO and ░░░░░░░░ a management team we ░░░░░░░░ to decide do we ░░░░░░░░ the 7 1 million ░░░░░░░░ of ObamaCare costs to ░░░░░░░░ employees or do we ░░░░░░░░ to eat as much ░░░░░░░░ that as possible and ░░░░░░░░ other benefits And for ░░░░░░░░ that are leaving and ░░░░░░░░ to other employers not ░░░░░░░░ those programs was probably ░░░░░░░░ last thing on the ░░░░░░░░ for employee benefits that ░░░░░░░░ wanted to keep And ░░░░░░░░ have a town hall ░░░░░░░░ today with all of ░░░░░░░░ employees And I m ░░░░░░░░ to bring this subject ░░░░░░░░ and talk about it.”