Small Businesses are about to get hit by a freight train

It is my impression that most small companies only pay for the EE share of the cost. So it is good the the Business might have some remedy for increased costs there but what about the dependent coverage that is more-and-more being passed through to the EE to pay for at 100% rate?

I've been out of that industry for a few years now but I hope j'yank might comment on that aspect.

 

Is there any way to calculate how much premium costs will be driven up due to right wing paranoia?

 

Obamacare is meaningless without price controls. Controlling the cost is the only way to reign this in.

My only hope is that it really is a slippery slope to a single payer system.

 

All this just to try to maintain the role of useless and expensive insurance company middlemen.

I wonder how long the ACA will allow these bloodsuckers to hang on to our health care dollars. I predict about 10 max years before the demand for national healthcare starts gaining big time momentum.

The insurance company middlemen can always game any system they are part of.

 

To control the cost, you have reduce someone's income. Which group(s) do you want to reduce? Doctors? Hospitals? Nurses and other healthcare workers? Drug companies? Insurance companies? Nothing real will get done until the system is about to collapse.

 

Do you have medical insurance?

IF so, then why are you giving your money to these 'blood-sucking middlemen'? They must be offering you something you value.

 

Something which could be more efficiently provided by a single-payer system.

 

It's always been my assumption that the ACA is merely intended to lubricate the wheels for national healthcare. Convolute the system even more than it already is. President Obama and his leadership realized that they couldn't get the reform they were seeking in one sweeping blow, so they decided to loosen it up with a few body shots first.

Hilary Clinton will finish the job sometime in her second term.

 

The credit has been around for a couple of years now (35%, but going to 50% in 2014). Problem is the full credit is only available if you have 25 or fewer full-time equivalent employees, and their average wage is $25,000 or less. Phase-out is 26-50 employees and $25k-$50k. On top of that, the credit is limited by the state's average premium, that has been less than the amount paid by most of my small business clients. Not many small businesses qualify.

I'm not entirely up to date on the exchanges and what not, but my thought is, if employees qualify for discounted premiums/credits based on their income, it may be better to let them get their own plans.

I'm sure I'll be doing plenty of CPE before the year is out to get caught up on the law.

 

Poor tallanover. -- another Fox News victim.

I'll tell Tallnover a little real story. Years ago when I had a job with the state of Wisconsin, the HR guy gave me two choices for term life insurance of the same payout. Big Insurance Co and the State of Wisconsin Fund. Both paid out the same on death. The State Fund was cheaper. I asked: "Why?". The guy said: " well they don't have the overhead-- the profit, advertising etc. and the guys who run it are state employees a few floors up and don' t make nearly what insurance company execs do."

Sorry for those looking for a deal. It was,and I assume still is, available only for Wisconsin residents-- though without advertising many residents did not know about it.

 

you didn't answer my question. You just spat out some pathetic, inaccurate insult. Also your generic trash talk makes no sense, since all I did was ask you a simple question.

I am assuming you have medical insurance (even before Obamacare forced you to have it). Why do/did you have it? What where these 'blood-sucking middlemen' offering you that you couldn't get without them?

 

Sigh...
Great article on the subject.

 

I think we all know what the solution is. Boycott any business that cuts employees or hours or complains publicly about Obamacare. They are part of the 1% and exploit their employees. They must be punished. We need an enemies list.

 

I have always assumed the opposite. It is the last attempt to keep the insurance companies taking their cut. It won't work, just like the previous system was not working for a growing and perhaps soon to be majority of folks-- between the approximately 50 million uninsured and those who frequently can't afford to use their existing insurance due to copays and other charges.

We just can't afford the increased overhead of the insurance middle men and the incentives to inflate costs.