RE: Obamacare part 2
October 4, 2013 at 1:30 am
(This post was last modified: October 4, 2013 at 1:30 am by Lumpymunk.)
So in response to insurance companies jacking up rates 20, 30, and 40% the government has declared itself an insurance provider to cash in. No wonder the average premium for a young adult will increase 200-300%...
Makes perfect sense.
This is an attempt to substitute you as an authority for any actual evidence.
What is the magic turning point where the $2000 penalty per employee becomes cheaper than...
- Avoiding the cost entirely by structuring with more part-time employees.
Clearly businesses have done the math...
Yup. I see employers continuing to make cost-effective labor decisions and hiring more part-time workers to avoid having to deal with the massive legal costs. ...Because remember, not only do you have to worry about compliance as a business, you've got to pay expensive lawyers to make sure you're staying legal... regularly audited to ensure compliance... and fend off the occasional lawsuit when someone claims you've violated the law.
Makes perfect sense.
Quote: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.
This is an attempt to substitute you as an authority for any actual evidence.

Quote:In the end, companies that wish to grow will accommodate the new laws and hire full time workers.
What is the magic turning point where the $2000 penalty per employee becomes cheaper than...
- Avoiding the cost entirely by structuring with more part-time employees.
Clearly businesses have done the math...
Quote:See where this is going?
Yup. I see employers continuing to make cost-effective labor decisions and hiring more part-time workers to avoid having to deal with the massive legal costs. ...Because remember, not only do you have to worry about compliance as a business, you've got to pay expensive lawyers to make sure you're staying legal... regularly audited to ensure compliance... and fend off the occasional lawsuit when someone claims you've violated the law.