Posted on 10/30/2013 12:16:20 PM PDT by lbryce
"I take responsibility but I'm blaming someone else." - Kathleen Sebiquious
Typical liberal idea of accountability.
Accountability will NEVER return to DC unless and until people ACCEPT being called 'racist, sexist, homophobic, etc' and MARCH FORWARD ANYWAY. This is about saving America, damn it!
OK, it cost a half BILLION dollars... but she said she was sorry... bygones are bygones, right? /s
The dirty little secret that Fox and others are not revealing is that THIS is the reason they did not want the individual mandate and the business mandate to hit at the same time. They wanted this one a year before the election, and the wanted the other to be 2 years before the 16 presidential.
Why?
Because they do THE SAME THING.
The individual mandate requires individuals to get AN APPROVED PLAN. (You can’t keep your plan, no matter what it says.)
The Business mandate does virtually the same. Only APPROVED PLANS are acceptable. Any plan that doesn’t meet the government standard will be disapproved or penalized. That is why Hobby Lobby and others are fighting. They don’t want that approved plan because it must have in it abortion and contraceptive coverage. I think they were told their penalty for non-compliance would be millions a day, iirc.
Many more millions than with the individual will have their medical insurance turned upside down, ripped away from them, and/or seriously increased in price. If you’re not fined, but have to increase your costs a huge amount, don’t you pass that on to the employee? Or to the customer? Many firms will simply not hire at all. Any employee receiving a subsidy will cause the firm to be fined. It’s just a tangled, chaotic mess.
That’s the truth. It’s in the law.
This is not being addressed by the media, including Fox. They truly believe they just have a “ventilation” time for people to bytch and moan, and then folks will forget about it. Then they’ll do it again after next year’s mid-terms. The employer mandate will be effective 1 Jan 2015, nearly 2 years before the presidential election.
I had dinner last week with an executive from a property management company. We talked about obamacare and she explained that what they will be doing is dropping all health insurance coverage for employees and will give them a bonus that is equal to what they pay per person now minus the cost of the penalty they will be forced to pay because they employ more than 50 employees.
I have heard other executives express the same thing. As obamacare moves forward the days of employer provided healthcare are going to end. Business people don't have time for all the regulations and bureaucracy.
Xzins, you are absolutely right. They know darn well what's going to happen and that's why they only started with the smallest part of the market (individual plans).
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