"My company, based in California, employs 600. We used to insure about 250 of our employees. The rest opted out. The company paid 50% of their premiums for about $750,000/yr. Under obamacare, none can opt out without penalty, and the rates are double or triple, depending upon the plan. Our 750k for 250 employees is going to $2 million per year for 600 employees. By mandate, we have to pay 91.5% of the premium or more up from the 50% we used to pay. Our employees share of the premium goes from $7/week for the cheapest plan to $30/week. 95% of my employees were on that plan. Remember, we used to pay 50% now we pay 91.5% and the premiums still go up that much!! The cheapest plan now has a deductible of $6350! Before it was $150. Employees making $9 to $10/hr, have to pay $30/wk and have a $6350 deductible!!! What!!!! They can't afford that to be sure. Obamacare will kill their propensity to seek medical care. More money for less care? How does that help them? Here is the craziest part. Employees who qualify for mediCAL (the California version of Medicare), which is most of my employees, will automatically be enrolled in the Federal SNAP program. They cannot opt out. They cannot decline. They will be automatically enrolled in the Federal food stamp program based upon their level of Obamacare qualification. Remember, these people work full time, living in a small town in California. They are not seeking assistance. It all seems like a joke. How can this be the new system? Pelosi, pass the bill to find out what's in it? Surprise! You've annihilated the working class."
it's not socialism. i'm not even sure what that is..i was born and raised in socialist country,but things aren't like that back then. faaaar from this. you got some crazy mix here,made by crazy people like pelosi.
Hmm, I seen the Fed pdf and USA worth $74.8 trillion, so the redistribution of wealth up the pipe is working well. Seen the pdf on one wal mart in Wisconsin, the employees are getting $900,000 in govt benefits, so either we pay higher retail prices to give the employees wages OR we pay taxes so that companies can keep wages low and profits high and we end up giving the employees food stamps and medical help, but either way we citizens pay. My wife had wrist surgery and I asked the Dr. how much it would cost before the surgery, he said he had no idea, I had to buy it before the price would be revealed, what kind of goofy system have the dems and reps built for us. Most nations you don't have to have a prescription to get your medicine from a pharmacy but not in America, nope more cost and burdens are piled on. I remember when Bush was arresting seniors for going to Canada to purchase medicine. Now recently a republican and democrat in Maine want to allow their citizens to purchase meds across the border in Canada online, I know dems an reps rarely have good ideas but it's about time citizens demand better of these fools who govern us.Happy Holidays all
I also call it American stupidity. Why not just raise taxes by 1-2% and have free healthcare for all like France, Canada, UK, Germany etc. Another stupidity is obsession with quality. That is why per capita US healthcare costs are the highest in the world.