10% of Small Business Plan to Drop Coverage After Obaminationcare is Implemented!!!

[GHook93]

Obaminationcare was supposed to insure most Americans, yet nearly 10% say they will drop coverage and 10% say they don't know how they will continue to cover workers! And this is only for the companies with 50-100 workers. The <50 will have ever LESS incentive to provide insurance (huge costs for coverage), not too mention they will have ENORMOUS incentive to never go over 50 employees.

But don't worry folks the individual mandate will get all the healthy people to buy the extremely costly individual health insurance, otherwise they get wacked with a wooping $95 fine in 2014 and $695 fine in 2016! In the end gobs of sick people will be acquiring insurance when they couldn't have before (which is a good thing), but at enormous costs and the healthy people savior TAX won't pick up the bill. In fact they will cause more losses since they will just get insurance when they need it and drop it when they don't!

Folks Obaminationcare is about ONE THING: BANKRUPTING THE HEALTH INSURANCE INDUSTRY. If Obama wins reelection, he will see one healthcare provider after another going under and he will move towards a Single Payor Option as the savior!

Companies with between 50 and 100 workers will be most likely to drop coverage for employees, according to the findings.

Deloitte, a consulting company, found that once changes are enforced in the health-care system via the Affordable Care Act, 9% of employers will drop offerings in the following one-to-three years. Deloitte found 81% were planning to continue offering coverage and 10% were unsure of how they would proceed.

Deloitte's survey findings were different from those of a similar study conducted by the Congressional Budget Office, which estimated that nearly 7% of businesses would drop coverage once Obamacare is implemented.

Less than 2% of companies with more than 1,000 workers said they were considering dropping coverage for their workers, while companies with 50-to-100 employees were most likely to report they would drop insurance, at 13%.

 

[jimowencassidy]

umm... not to get people angry...
I have thought about this for a long time, I watch Fox news and I consider myself in the center,
but what I can't stop asking myself, is, what if you are someone that needs health care, and you are desperate, what happened if the world said "we can't afford you".....

I don't think Obamanationcare is going to be implemented correctly, but I think that every US citizen should be able to access care.

Now if someone chooses to be lazy and have everything taken care for them, I don't agree with that.

So, how many people are angry with me?


-------------------


** edit: I know this was a little off-topic, but I keep hearing people complain about Obamacare, and I am against Obamacare, but for something similar, I just don't trust Obama.

 

[jimowencassidy]

by the way, is the reputation like a chess scoring? I am new here, I never was part of a forum since I was younger.

 

[Politico]

It's going to be more than that. A lot of companies don't want to provide insurance now. The only reason they do is so they won't lose workers to other companies.

 

[Norman]

When people find out how small the fine is it could spread and a lot of people could drop coverage... And only buy it in the ambulance on the way to the hospital.

That would make insurance so expensive that even more people would drop it.

Not everything about this is bad though, dropping coverages would increase off the pocket visits and thus some sectors could become more efficient.

We will see if dropping insurance becomes popular.


One thing is sure... 51 employee business is going to be rarer than diamond.

 

[Mr Natural]

It's a good excuse as any for dropping coverage for your employees.

 

[Greenbeard]

When people find out how small the fine is it could spread and a lot of people could drop coverage... And only buy it in the ambulance on the way to the hospital.

If that ambulance ride doesn't happen to be between October 15 and December 7, you're going to have some trouble buying insurance--in an exchange, anyway.

 

[Buford]

Here is some more good news because of Obamatax. Indiana company scraps plans for expansion over ObamaCare device tax | Fox News

 

[rightwinger]

All the more reason we need a government option for those who have been dropped by their employers

 

[Buford]

All the more reason we need a government option for those who have been dropped by their employers

Government caused it and now you think govt is going to make it better. Are you allowed to be use a fork without supervision?

 

[rightwinger]

All the more reason we need a government option for those who have been dropped by their employers

Government caused it and now you think govt is going to make it better. Are you allowed to be use a fork without supervision?

Wouldn't that be great?

All those people losing their insurance would have the OPTION of selecting a government sponsored health plan

 

[Rozman]

All the more reason we need a government option for those who have been dropped by their employers

Government caused it and now you think govt is going to make it better. Are you allowed to be use a fork without supervision?

Wouldn't that be great?

All those people losing their insurance would have the OPTION of selecting a government sponsored health plan

I guess the Obama lies will keep piling up.
Remember when he said if you like your plan
you can keep it?
Anyone besides me remember that?

 

[Greenbeard]

I guess the Obama lies will keep piling up.
Remember when he said if you like your plan
you can keep it?
Anyone besides me remember that?

I'm ambivalent about my plan and I still have it.

Hmm, now that's a potentially catchy slogan.

 

[rightwinger]

Government caused it and now you think govt is going to make it better. Are you allowed to be use a fork without supervision?

Wouldn't that be great?

All those people losing their insurance would have the OPTION of selecting a government sponsored health plan

I guess the Obama lies will keep piling up.
Remember when he said if you like your plan
you can keep it?
Anyone besides me remember that?

I remember that

I like my plan and I kept it

 

[Rozman]

Wouldn't that be great?

All those people losing their insurance would have the OPTION of selecting a government sponsored health plan

I guess the Obama lies will keep piling up.
Remember when he said if you like your plan
you can keep it?
Anyone besides me remember that?

I remember that

I like my plan and I kept it

I would like to do so as well but if my employer thanks to Obamacare
decides to drop it to save money by paying the fine then I get dumped
into the pool.

I didn't do anything and my coverage was fine but now I get kicked out of it.
Why doesn't the lefties here have any problem with what this President is doing here.

 

[Mr. H.]

One of my kids' employers recently dropped health coverage. He's single so the premium isn't that bad, but a co-worker who just had a baby is looking at $1,000/month premium.

 

[rightwinger]

I guess the Obama lies will keep piling up.
Remember when he said if you like your plan
you can keep it?
Anyone besides me remember that?

I remember that

I like my plan and I kept it

I would like to do so as well but if my employer thanks to Obamacare
decides to drop it to save money by paying the fine then I get dumped
into the pool.

I didn't do anything and my coverage was fine but now I get kicked out of it.
Why doesn't the lefties here have any problem with what this President is doing here.

If?

Makes you wish there was a Govt option doesn't it?

Don't worry....the Republicans will recognize your plight and do something for you......Their plan is called WeDontCare

 

[daveman]

Obamacare: No Free Lunches | Michael D. Tanner | Cato Institute: Commentary

Take, for example, Obamacare. The president loves to cite the fact that college students are now able to stay on their parents’ policies until age 26. This has undoubtedly made it easier for some students to get or keep insurance coverage. But the additional coverage is not free. In fact, according to the Department of Health and Human Services, the cost of continuing coverage from 18 to 26 could run as high as $3,400 per child per year. Much of that additional cost is passed back to companies that provide insurance coverage to dependents of their employees.

Politicians often act as though government programs are cost free.
The predictable result: Companies are dropping dependent coverage altogether. Among them is one of the largest union-administered health-insurance funds in New York, SEIU United Healthcare Workers East, which is now dropping dependent coverage for 30,000 workers. Ironically, the fund had previously covered nearly 6,000 workers’ children, some up to age 23. Those students, along with other spouses and children, are now out of luck.

--

For example, Lenoir-Rhyne University of Hickory, N.C., the University of Puget Sound in Tacoma, Wash., and Cornell College in Mount Vernon, Iowa, are all dropping school-sponsored plans starting in the fall. The colleges said that Obamacare’s regulations would have driven up students’ premiums tenfold. And, Bethany College in Lindsborg, Kan., was forced to raise the premium on the plan it offered students from $445 to more than $2,000 to pay for the new level of coverage required by the health-care law.

The Obama administration’s requirement that insurance include contraceptive coverage is also causing Catholic universities to drop student coverage. Already, Franciscan University of Steubenville in Ohio, and Ave Maria University in Florida have recently dropped their student plans.

The president is not going to be talking about those students who have lost their health insurance because of his policies.

--

Nor should we forget that across the country there are people who are not being hired or, worse, are being laid off, because employers cannot afford the cost of insurance, especially since Obamacare has not only failed to curb rising insurance costs, it has already added 2–3 percent to premium prices. These unemployed workers are more of the unseen victims of Obamacare.​

They should have read it before they passed it. Oh, well, they INTENDED well, and that's all that matters.

Right, USMB lefties?

 

[hwyangel]

It is illegal to refuse emergency medical care to anyone, and for those who can't afford insurance we have free clinics and the health department. What Obamacare does is provide a socialistic insurance that's provides the same brand name products and services to those who don't work to those who do. This national health care will also provide medical treatments in your childs school without your knowledge or consent, easier access to abortion for your teen, again without your knowledge or consent, and "end of life" counciling in your golden years instead of Medicare such will be cut.

 

[rightwinger]

It is illegal to refuse emergency medical care to anyone, and for those who can't afford insurance we have free clinics and the health department. What Obamacare does is provide a socialistic insurance that's provides the same brand name products and services to those who don't work to those who do. This national health care will also provide medical treatments in your childs school without your knowledge or consent, easier access to abortion for your teen, again without your knowledge or consent, and "end of life" counciling in your golden years instead of Medicare such will be cut.

Do you believe people without insurance flocking to emergency rooms is the best solution?

Isnt all insurance socialistic?