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Opting Out of Coverage Seen Creating Employee Backlash

Maggie Wilderotter, chief executive officer at cable, Internet and phone provider Frontier Communications Corp. (FTR) says it’s her “fiduciary responsibility” to study ending medical benefits long provided by her company. “Frontier, like a lot of companies, is likely to at least consider dropping health-care benefits” in 2014, she said. As President Barack Obama presses ahead with plans to broaden insurance coverage, many U.S. executives say his health- care law has them rethinking their options.