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Report: Companies Are Better Off Dropping Insurance Under Obamacare

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Here's further proof that "Patient Protection and Affordable Care Act" was a grand misnomer: the House Ways and Means Committee has released a report revealing that the healthcare reform law provides financial incetives for companies to drop insurance coverage. The employer mandate -- requiring that companies with over 50 employees either offer insurance of a certain value or pay a fine -- actually makes it cheaper for these companies to pay the fine. 

The promise that you can keep your plan if you like it? Well...that's not up to you, is it?

In total, the 71...