Obama Setting Trap for Small Business

Citizens' Council for Health Freedom ^ | 4-10-13 | Twila Brase

[TurboZamboni]

The administration wants small business in the Obamacare net. Three federal agencies have asked the National Association of Insurance Commissioners (NAIC) to consider raising the "attachment points" on stop-loss insurance for small businesses that self-insure. 70% of insurance claims are paid by companies that self-fund health insurance. Self-insurance means the employer creates its own "trust fund" out of which it pays health care expenses for its employees.

The "attachment point" is essentially a deductible. If the deductible is met (attachment point is reached), the stop-loss insurer pays the rest of the cost for care. The stop-loss insurer insures the company against catastrophic losses. So if the attachment point (deductible) is $30,000, and the employee's care costs $90,000, the first $30,000 is paid by the employer, and the employer's stop-loss insurer pays the remaining $60,000.

[TurboZamboni]

Stats of the Week: 148,996 - comments on the contraception mandate (may increase as comments submitted by U.S. Mail are posted).

>300 - national insurance patients likely killed by a Brazilian doctor and her staff to "free up beds for patients who had private health insurance or who could pay for treatment."

135,000 - individuals enrolled in ACA's Pre-Existing Condition Insurance Program (PCIP) before it exhausted its $5B funding (375,000 enrollees predicted). (AIS)

2% - percentage of tobacco settlement and tobacco taxes ($25.7 billion to be collected in FY 2013 alone) spent on smoking prevention and cessation.

$30,000 - charge per provider for some EHR companies to connect EHR system to a central Accountable Care Organization (ACO) registry. (ACO Business News, 3/2013)

[St_Thomas_Aquinas]

If dropping a nuclear bomb on them is a trap, then I guess he is.

[E. Pluribus Unum]

The ultimate goal of Ubamacare, as with the resurrected estate tax, is to destroy all family-owned businesses.

The big-government/big-corporate/big-union criminal complex doesn't cotton to competition.

[The Duke]

So, what happens if I follow through with my very serious considerations to move my company to Panama? Will I still be “trapped”? (Or will I be living in luxury in a tropical paradise while America continues on its road to suicide?)