Sometimes the truth hurts, and for a quarter of a million Pennsylvanians, the truth really hurts because they are losing their health care plans. Mike McKean and his father own and operate Titan Tool Company. It is a small business in Fairview, Pennsylvania, that their family has run since 1920. In his letter to our office, Michael wrote: My dad has always prided himself of offering 100 percent health care coverage for every single one of our associates. It has been this way for as long as I can remember. However, under ObamaCare, their yearly premium will rise 113.9 percent, taking the cost from $120,000 to $227,000. One of his employees will see her monthly premium go from just over $300 to $940. That is a 249 percent increase. In Michael's words: This type of increase is too much for the company to weather. Next year, for the first time in decades, my father and my family are forced to drop insurance coverage for our employees. He also added: Being the generous and concerned person my father is, he said he would give each employee this year's cost of premiums to offset the rise in costs, but beyond that, he cannot afford to do any more. This means that, next December, we will all have to pay enormous increases out of our pocket for poorer coverage. That happens to be the truth, and not one that they have to go back on later on. ____________________
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