Originally posted by Nobody
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Heres the deal. Figures indicate that it will cost an employer $1.75 per hour worked p/employee to be in compliance with the upcoming regulations. Or pay the penalty, which equals $.93 per hour per employ. Any way you slice it, this is going to add to the cost of doing business. When this happens, companies WILL pass this cost on to the consumer, us! This makes the cost of living to go up. So whether you are on free health care or Gov forced company provided, its going to cost ALL OF US more to live.
Well, here's what going to happen: Companies will go one of a few routes.
1) They may not add any new employees, thus leaving many that are out out of work today, with out jobs in the future. Unemployment will not go down, but could go up.
2) They may cut hours, thus reducing full time employees to part time. This reduces the bring-home pay. With a crappy economy, cost of living going up and unemployment possibly going up, they are still without company provided health care.
3) They may lay off employees, thus increasing unemployment.
4) Employers may pass on the costs by increasing the employee's contribution. This again will reduce bring-home pay
5) Employers may reduce current pay to offset the increases employee costs. This will effect either current employees and or new hires. This will hurt all as the cost of living goes up.
I do not see a large increase in employer-provided health care numbers. And I certainly do not see enough to offset the negative side effects noted above. What I do see happening, is more and more people getting on the free bandwagon, with less and less tax paying producing people to pay for it. I feel the "free" heath care is going to be beyond poor and lacking. Do not what you call a person that got a D in med school?.......Dr! Who do you think is going to be working the Obama-Care clinics?
If you think that Obama Care is going to actually reduce health care costs, improve available health care, actually cover those that currently do not have private health care, you are mistaken. Go look at some of the other counties that have gone down this route.
I know how Obama care is going to get funded, but I would love to here you explain how its going to get paid for and try to justify it. We do need health care reform, but the current Obama care is not about reform, its about having more liberal voters dependent on the gov.
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