UPS to Cut Healthcare for Workers' Spouses

4:36 PM, Aug 22, 2013   |    comments
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(CNN) Obamacare isn't set to take effect until January 1st of next year, but UPS is already blaming President Obama's new healthcare plan for its decision to cut 15,000 workers' spouses from its insurance rolls.

In a memo to employees, UPS said it will discontinue coverage of husbands and wives eligible for insurance with their own employers.

UPS told the non-profit news agency Kaiser Health news that it expects its health care costs to increase by more than 11-percent next year.

The company blamed several aspects of Obamacare, including its requirement that dependent children be covered up until age 26.

In the memo, UPS said it's willing to take care of its own, but that it will not bear a burden other companies can take on.

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