Obamacare financial impact on employees

I work for a Fortune top 30. We went from completely free coverage for the entire family where they paid premiums, co-pays, prescriptions,etc to a new HDHP with a HSA. They will still put 100% of the deductible in our HSA on Jan 1 every year but the overall coverage past the deductible is still not as good. It still has free preventitive care pre-deductible. I'll probably just max out my contributions for another tax shelter.

My healthcare premiums through my work have gone up every year since 2006. How do you know your increased premiums are directly because of Obamacare? Did your employer say so?

Has to be. There is no other explanation.

There was a story last night on local news about the impact of the legislation on local businesses. The owner of Mestizo's was interviewed. He indicated that as a direct result of the legislation, he would have to juggle employees schedules which would include reducing hours in order to reduce the financial impact of the cost of healthcare brought about by the legislation.

I think its a real issue, and that businesses in an effort to reduce their exposure and costs will require lower-level employees to climb even more rungs on a taller ladder before they can qualify for employer-subsidized healthcare coverage.

This was the actual intent of Obamacare and our President has discussed this tactic and shift as a desired end. His intent was not to completely destroy private healthcare, but to let it slowly die.

As more and more people are "left out" by private insurers, more people have to utilize the public option. The noose slowly tightens and as fewer people opt into private insurance as they move forward (who wants to pay for something when they're already getting it for free), the private insurer's have fewer and fewer customer pools, which increases costs on those still in the program to a point where more and more people are bled off of private insurance & dump into a free healthcare system.

This is just the initial lurch towards that ultimate end where no one has private insurance because its simply too expensive to be a viable option.

You just have to keep the number of employees to less than 49. The second employee #50 is added the cost goes up $40k as a penalty for not providing health care to your employees.