Posted on 12/15/2014 11:41:13 AM PST by Oldeconomybuyer
For two decades Atlanta restaurant owner Jim Dunn offered a group health plan to his managers and helped pay for it. That ended Dec. 1, after the Affordable Care Act made him an offer he couldn’t refuse.
Health-law subsidies for workers to buy their own coverage combined with years of rising costs in the company plan made dropping the plan an obvious – though not easy – choice.
Companies like Dunn’s — those with fewer than 50 workers — provide medical coverage to roughly 20 million people. Unlike larger employers, they have no obligation under the health law to offer a plan. Now they often have good reason not to.
If employees qualify for government subsidies, like the managers who switched from Italian Oven’s corporate insurance to individual Obamacare coverage, everybody can win.
For some companies there is logic to ending coverage altogether.
For Italian Oven’s Dunn, “it made sense to recommend that he drop coverage,” said Elena Merino, CEO of the Meridian Group, a benefits firm in Alpharetta, Ga. “It hurts me. But that was the responsible thing to tell him.”
(Excerpt) Read more at kaiserhealthnews.org ...
This is the entire intent of the ACA... get people off of their employer provider plans and dependent on the government.... this isn’t an accident folks, this is the intent.
The destruction of job-based health insurance is the purpose of the ACA.
http://freerepublic.com/focus/f-chat/3228600/posts
“Owners don’t have to pay premiums, meaning they can give workers raises, invest in equipment or add to profits instead”
I think they will choose option #3.
I just love the magic “government subsidies” where “everybody can win”... Everybody but the people who have to pay for it all.
It really pisses me off!
No, the owners taxes will increase substantially to pay for all this. The subsidies have to come from somewhere.
I guess that's one way of putting it.
The big insurance companies and their banker shareholders win. Now middle and low income people are forced to buy high deductible, expensive insurance that they probably won’t use.
So, if a middle or lower class employee needs routine care, the deductible will be to high for the insurance to kick in; it will have no value. Then, if they get really sick, they will inevitably lose their job and stop paying their premiums. After that, they will be forced on Medicaid.
This is nothing less than fascist health care.
Looked coverage for just me and hubby up on CoveredCa. $1300 per month with if I remember right $9000 ea deductible. You are correct. That’s NOT coverage that’s theft.
That image is a VERY ‘target rich’ environment!
They should have all been decorating trees or lamp posts after that. (would need a big tree for Teddy)
An admitted PITA of old health care was the annual sweat by owner/managers on the coming year’s health insurance. It generally boiled down in recent years to; 1) Keep the old policy but pay more - divided further into how to cover the added cost. 2) Look for cheaper policy at old rate - change in providers and deductibles and pre-existing conditions. 3) “We are dropping health insurance” - everyone is on their own.
When it is the government doing it, businessmen/women/transgendered/undecided ... leave it to that ever efficient government that gave us the Post Office, the IRS and the GAO to run at taxpayer AND ratepayer expense!
What can go wrong?
A “/s” would be totally superfluous here!
With a $9k deductible, I’d just go without insurance.
You’re basically paying a HUGE premium for what is essentially a catastrophic insurance plan. (which USUALLY cost less)
At this point, the republicans are as much to blame for it as 0Tard is. They’re funding it. Just as they’re funding every other horrible thing the FedGov does. It’s on them at this point.
You must be one of those evil “rich” people.
We have private insurance that costs us the sme amount in premiums but we don’t have that huge deductible. I was curious about their affordable care. Lol
I don’t feel rich but according to the government I guess we are. I would look at us as comfortable middle class.
$15,600 in just premiums, then a $9K deductible ..... you can pay cash for a lot of healthcare for a lot less then $24,600/year. A relative’s situation: he makes $40K & will have to pay over $21,600 (premiums only - deduct. is over $6K) for family insurance. “Affordable” is a joke, before you even get to the ‘high quality’ part (as Obola touts) - it really makes just plain living (mortgage, food, etc.) hard.
watchout, Doggies!
I was reading an article today about a doctors office having a hard time collecting from people that didn't pay in advance. If it becomes too much trouble, the doctors will just drop out of the exchanges.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.