LayoffBlog.com

April 7, 2009

NC employed, unemployed may both face no insurance

North Carolina’s unemployment rate reached 9.7 percent in January and it is likely to keep climbing for the rest of this year, which means the employer-subsidized health insurance coverage is going to be cut for tens of thousands of workers.

But thousands more who still work may lose their insurance anyway as small businesses have to choose between offering health care or laying off employees. Other workers may see deductibles rise so high they’ll only be able to use their insurance for catastrophic emergencies.

~News submitted by upthecreek

Source: CNBC

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