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To: memyselfandi59
The high earners in our company subsidize the lower earners - the high earners pay more for the same coverage.

I think Obamacare is forcing the same thing in law - mandate what kind of coverage you have to provide, which will be too expensive for low wage earners, so cap the amount the employee can pay. Then you force the company to subsidize more of the cost for everyone, or make progressive contribution rates based on salary. Or the company just gives up, pays $2000 and throws everyone on the government plan.

54 posted on 01/10/2013 8:41:48 AM PST by GWynand
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To: GWynand

When will the employees wake up and find they are now making a cap salary. 0 has just made the work week 28 hours. A Loss of 120 dollars a week for the average worker @ 10 dollars per hour $6240.00 per year. This now will lower purchases of durable goods by every American worker. Affecting the sales and production of products across the United States.
Now a worker @ 10 dollars an hour @ 28 hrs will earn $1120.00
per month. The standard for food stamps in AR for one person I think is $1200 per month income! So now you have not only penalized the worker and thrown labor back to 1990 levels @ average wage of $7.00 per hr. But will have now added working people to the food stamp roles. I can see where someone should have read the AHCA and saw this coming. All Obama did was to elevate the welfare State.


60 posted on 01/10/2013 9:02:23 AM PST by Conserev1
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