The massive fraud of ObamaCare is being exposed more and more each day. Like the coverage you have? Tough. You can’t keep it:
This reality is settling in at businesses across America. A Midwestern contractor told me he pays $588,000 for health insurance for 70 employees, contributing up to $8,400 a year for a family’s coverage. If he stops providing health insurance, he’ll pay $2,000 per employee in fines, and the first 40 employees are exempt from fines altogether.
It’s also dawning on employees that they will lose their coverage. Some will blame management; many more will blame those who wrote this terrible legislation.
I knew there would be employers who would dump coverage. The way the bill is structured, that is an absolute guaranty. But this mess of a “reform” will make it a much more widespread practice. Companies – especially small ones - would be committing economic suicide to do otherwise.
This is certainly one reason why we are not seeing jobs come back. Employers are already in trouble with the employees they have when the new law is implemented. They are unwilling to hire more people and expose themselves even further.
Read the whole thing. There will be far fewer full time jobs – more employers will opt to give no more than 30 hours per week to avoid the fines altogether. More and more people will be contracted employees, not directly hired by the company at all.
This law is an economy killer. Let’s hope it also ends a whole bunch of political careers come November.
I like my healthcare plan and I want to keep it. That will not be possible under ObamaCare.
Each year my costs have gone up incrementally to reflect a general increase in the costs associated with providing a wide range of medical services. The increases have been modest, reasonable, fair, and acceptable. I’m grateful to the insurence company and to the medical professionals who serve my needs.
I enjoy good overall health which would not be the case without my healthcare plan.
Under ObamaCare, my plan will become extinct for all practical purposes. My medical insurance company will only be able to offer my current plan at an estimated increase of such proportions as to make it unavailable, or to offer such a stripped down plan for about the same price as to make it inadequate for my needs.
Obama said that if people liked their healthcare plans they could keep them. That was a lie, and Barack Obama knew full well he was lying when he said it.
You can’t believe a word that man says, he speaks with a forked tongue.