That under this new plan that the congress is working on, that business will be forced to help pay for the insurance coverage on their employees or face an 8% fine. Guess what they pay more than 8% now on employee benefits and will drop coverage on the 150 million who have it through their employer, there goes your choice.
Small business, the economic engine of Americans will be fined WHICH WILL TRANSLATE INTO MILLIONS MORE BEING LAID OFF.
Also, if you think you are going to have a choice under Obama's plan it is written in the plan that if you are a new hire during the year this people's program comes out the company can not sign you on to their group plan. You will be forced to join the people's program. Therefore, THE END OF PRIVATE INSURANCE.
You think the government wants to compete with private carriers, that's a laugh, the government NEVER has to show a PROFIT, private industry does. The government loses money at every turn and yet just raises taxes in order to keep promoting a failed agenda i.e Medicaid, Medicare, Social Security, ALL BANKRUPT. Now you want them to take over 1/6 of this economy and run that into the ground, you had better think again.
Investor Business Daily got a hold of this bill and broke it all down.
Is our flag a half moon and a sickle, I have to wonder sometimes. I think Obama is a communist dressed in American clothing.