Actually the company's been around since 1930 and never this affected by rising health care costs before so I'm gonna infer that's a function of the looming required individual mandate driving up prices and demand.
no, health care costs have been increasing more than double the rate of inflation for the past god knows how many yrs, you know how many comapnies have had to downsize/lay off people because of balloning health care costs? even the biggest/richest retailer in the world wal-mart is going to require/if not already employees to contribute to their health plans, a company cant really sustain cost of growth of 5+% every yr
a company is not going to go bankrupt over a law thats not even going to go into effect until 2014
"The U.S. Census Bureau reported that a record 50.7 million residents (which includes 9.9 million non-citizens) or 16.7% of the population were uninsured in 2009.More money per person is spent on health care in the USA than in any other nation in the world,and a greater percentage of total income in the nation is spent on health care in the USA than in any United Nations member state except for East Timor. Although not all people are insured, the USA has the third highest public healthcare expenditure per capita, because of the high cost of medical care in the country.A 2001 study in five states found that medical debt contributed to 46.2% of all personal bankruptcies and in 2007, 62.1% of filers for bankruptcies claimed high medical expenses.Since then, health costs and the numbers of uninsured and underinsured have increased."
