Health care law can help many small businesses

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by LilOlLady, Jul 17, 2012.

  1. LilOlLady
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    LilOlLady Gold Member

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    Health care law can help many small businesses

    The key provisions of the law are these:

    1. The individual mandate, a requirement to have insurance or pay a fine, with credits for those with lower and moderate incomes.
    2. Tax credits for companies with fewer than 25 employees that provide health insurance.
    3. Penalties for companies with more than 50 employees that do not provide insurance.
    4. State health insurance exchanges — marketplaces with approved plans, including Small Business Health Options Programs. If a state doesn’t establish its own exchange, a federal exchange will be available.

    http://www.rgj.com/apps/pbcs.dll/article?AID=2012307170031

    Racidal Reich Wing Extremist, YOU LIE.
     
  2. peach174
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    peach174 Gold Member Gold Supporting Member Supporting Member

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    Never mind that the states will have to raise their taxes to pay for the expansion of Medicare and Medicaid when the government stops paying the 100% part after three years.
    Both are underfunded right now and we are adding more people.
    This makes no sense what-so-ever.
    The cost will continue to rise in the future. The Dem's who passed Medicare and Medicaid said the same thing back then that it would not cost us very much.
     
  3. BlackFlag10
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    BlackFlag10 College Conservative

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    Why would any business hire more employees if they are close to the 50 employee threshold? It is a job killer!


    Cameron Harris
     
  4. InsuranceDr
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    InsuranceDr Rookie

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    This an interesting topic. I want to see how the new health law turns out.
     
  5. tjvh
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    tjvh Senior Member

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    Honestly... I do not.
     
  6. onecut39
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    onecut39 VIP Member

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    You gotta be kidding!!!!!!!!!!!!!!!!!!!!!!!!!!
     
  7. chanel
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    chanel Silver Member

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    They better be paying attention.

    My guess is that many small businesses have different plans for employees. In fact, many companies allow people to choose.

    Did anyone know about this fine? (Rhetorical question of course)
     
  8. Politico
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    Politico Gold Member

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    Sure it will help. Tons of employers will have an excuse to drop insurance.
     
  9. usmcstinger
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    usmcstinger Silver Member

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    If you talk to small business owners, they do not share your opinion.
    Try something other than regurgitating Obama talking points.
     
  10. Caroljo
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    Caroljo Gold Member

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    All this does is penalize the employees.
    If a company is forced to provide them insurance, and would have to pay a penalty if they didn't, it's all going to come out of the employees pockets...somehow. Maybe no more raises, or even maybe cuts in pay to cover it! The company i work at has over 450 employees...
    And you're right, other companies are going to just make sure they don't have more than 49 employees!
     

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