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Yagents said:Ruh roh, Looks like Obamacare is hurting income AND 200 jobs at BCBS TN:
BlueCross BlueShield of Tennessee cutting 100 jobs - Nashville Business Journal
Specifically, the release cities the Affordable Care Act's medical loss ratio (MLR) restriction and new $200-million-plus annual excise tax that BlueCross will have to pay starting in 2014.
Those jobs don't count as it affects the big bad insurance company....It will be spinned that Obamacare is working and by shedding those 200 jobs policyholders will realize savings.