Obamacare part 2

[Raeven]

Lumpy... in my industry, I work closely with employers and their health care costs. Most of my clients are in California. For the past 18 years, I've watched their trials and tribulations in trying to cover their workers through employer-sponsored health insurance. I watched insurance companies heartlessly jack up rates 20, 30, 40% each year -- and when I dug into finding out why health care costs were rising so precipitously, I learned that they weren't. But profits for health insurance companies and their investors were.

States that have worked with the PPACA and taken the funding intended to offset costs of same -- and California is one -- are reflecting lower health insurance costs. My state of Oregon is the same. States that have fought with the PPACA are imposing higher costs on their residents.

In the end, companies that wish to grow will accommodate the new laws and hire full time workers. Many companies, especially small businesses, get significant tax breaks for working with the new system. For the next 2 years, small businesses can offer employees health care coverage on the Exchange and administer it as if it is company-sponsored health care coverage. Starting in 2017, large companies will be able to do the same thing.

See where this is going? I for one am pleased about it.