I haven't hit anything with my car this year. Auto insurance is such a
You hear the horror stories about Kaiser, but than again, they treat a
It's about half of list price. Insurance and Medicare pay the doctors
Who pays for their care pre-Affordable Health Care Act?
Kaiser tried to kill me twice with various mistakes. I couldn't dump
Public assistance also known as your tax dollars.
My Kaiser care has been excellent. They are big on prevention,
This is the interpretation I was talking about.
That's a joke rationale that's been around for a while now. I think some jackass who owns a nationwide pizza chain came out with it first. Here's the deal on these low life scoundrels: the public is picking up their employees' health care through the medicaid for which they qualify. The idea with Obamacare is to shift this burden away from the general tax payer and into the private sector. Which private sector is that you ask? It is the friggin customers of these cut-throat businesses screwing their employees and the American taxpayer by not providing health insurance just so they can make a price point for their customers. If their customers don't want to pay the nominal increase then let the market rule and put the business and its so-called services out to pasture. Obamacare was designed by people with long experience and extreme expertise in the health industry economics sector. They know quite a bit more than some shmo hawking junk food, dontcha think?On Tue, 21 Aug 2012 09:14:58 -0700, Jim Thompson
To-Email-Use-The-Envelope-Icon@On-My-Web-Site.com> wrote:
The reality...
The International Franchise Association held a convention in
Washington this week where most of the Radio Shack, Dunkin Donuts,
Curves and other franchisers were grumbling about new federal
regulations, especially the impact of Obamacare.
Most, said Atlanta Taco Bell and Kentucky Fried Chicken franchiser
David Barr, presumed that the reports about how hard Obamacare will
hit them were overblown. "They had their head in the sand," he told
Secrets.
That is until he pulled out his powerpoint showing how funding
Obamacare will cut his--and likely their--profits in half overnight.
With simple math the small business folks understood, he spelled out
that their only choice is to slash employee hours so they aren't
eligible for company-paid health care or stop offering insurance and
pay the $2,000 per employee fine.
Barr has 23 stores with 421 employees, 109 of whom are full-time. Of
those, he provides 30 with health insurance. Barr said he pays 81
percent of their Blue Cross Blue Shield policy, or $4,073 of $5,028
for individuals, more for families, for a total bill of $129,000 a
year. Employees pay $995.
Under Obamacare, however, he will have to provide health insurance for
all 109 full-time workers, a cost of $444,000, or two and half times
more than his current costs. That $315,000 increase is equal to just
over half his annual profit, after expenses, or 1.5 percent of sales.
As a result, he said, "I'm not paying $444,000."
Providing no insurance would result in a federal fine of $158,000,
$29,000 more than he now spends but the lowest cost possible under the
Obamacare law. So he now views that as his cap and he'll either cut
worker hours or replace them with machines to get his costs down or
dump them on the public health exchange and pay the fine. "Every
business has a way to eliminate jobs," he said, "but that's not good
for them or me."
But that's not all. His experience tells him that most low-wage
workers he would have to cover under Obamacare won't take it because
their $995 share is too high, meaning those the program was set up for
won't see any benefit. And those who do will because they have major
health issues, likely resulting in higher premiums to him.
...Jim Thompson
--
| James E.Thompson, CTO | mens |
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I love to cook with wine. Sometimes I even put it in the food.
There's more to it than that. This junk food peddler is probably responsible for 10s if not 100s of billions of dollars of medical care for all the people with heart disease, hypertension, and strokes his product has caused! Knocking that trash out of the market would have a significant effect on reducing health insurance costs in the long run. As far as I'm concerned, his trash industry should be hammered into the ground with the same excess taxes with which they've hit the tobacco industry, the exact same reasoning applies.
Hmm, I must have said something to get this kind of response.
I have no idea how this comes in.
your comment "...make it economically unattractive..." highlights a
A corporation doesn't have to maximize profit, especially not maximize
Agreed. Make it cheaper to create jobs, cheaper to invest longterm,
But the ones with public shareholders are more or less obliged to do
It does happen with monotonous regularity though when some jumped up MBA
It may surprise you that I agree with your position almost entirely. The