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re: Obamacare financial impact on employees
Posted on 11/14/12 at 6:31 am to matthew25
Posted on 11/14/12 at 6:31 am to matthew25
quote:
Has to be. There is no other explanation.
Wrong! Aging work force in the work place along with the rise of health care cost. Just for me and the last two years, my insurance has payed out close to 1 million dollars. I will be cut loose come Nov 24 after 31+ years on the same job due to me being out of work two years due to my health. This will be the very first time in my life from the age of 14 that I didn't have a job.
Obamacare is the only answer for me now as far as health care. No other insurance company would touch me. But yet, I didn't vote for Obama.
Posted on 11/14/12 at 8:01 am to fishfighter
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.
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.
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