Maggie Wilderotter, chief executive officer at cable, Internetand phone provider Frontier Communications Corp. says it's her“fiduciary responsibility” to study ending medical benefits longprovided by her company.
“Frontier, like a lot of companies, is likely to at leastconsider dropping health-care benefits” in 2014, she said.
As President Barack Obama presses ahead with plans to broadeninsurance coverage, many U.S. executives say his health-care lawhas them rethinking their options. Starting in 2014, the law's$2,000 fine for not offering coverage appears to be far less thanwhat most businesses pay for benefits.
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