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re: What are the economics of Affordable Care Act?
Posted on 9/30/13 at 4:21 pm to Swankie
Posted on 9/30/13 at 4:21 pm to Swankie
My partner and I own 4 businesses. It will cost a minimum of $90k and that is if we don't provide it. We are going to divest ourselves of one company to get below the 50 employee max. It will put us at a competitive disadvantage to keep it and won't allow for future growth. So, from my stand point, it will create unemployment and stagnate the economy. And whose to say what banks will do when the newly unemployed stop paying their mortgages.
Posted on 10/1/13 at 4:14 pm to 2geaux
quote:
So, from my stand point, it will create unemployment and stagnate the economy
exactly, so who will be paying the taxes for this new healthcare exchange?
If i could change one thing in ACA, it would be the pre-existing conditions clause for the private payers because we need them to cover those that can afford it. Now, the new insurance exchange is going to have to cover all of these new people that can't afford the increased premiums due to the pre-existing conditions clause.
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