The new health care plan isn't set to take effect until January 1st, but UPS is already blaming President Obama's plan for its decision to cut 15,000 workers' spouses from its insurance rolls.

In a memo to employees, UPS said it will discontinue coverage of husbands and wives eligible for insurance with their own employers.

UPS told the nonprofit news agency Kaiser Health News that it expects its health care costs to increase by more than 11 percent next year.

The company blamed several aspects of Obamacare -- including its requirement that dependent children be covered up until age 26.

In the memo,  UPS said it's willing to take care of its own, but that it will not bear a burden other companies can take on.

And clothing retailer, Forever 21, announced this week it will slash the hours of its 30,000 employees and make them all part time in an effort to handle the rising cost of health care.  Although, the company denies it has anything to do with Obamacare.

That sparked a firestorm of criticism and support for the company.

How do you feel about companies slashing employee hours and cutting spouses from insurance?