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http://www.examiner.com/economic-policy-in-mi...
Sep 28, 2010 | Posted by: roboblogger
Large employers in the Twin Cities are bracing for health care cost increases of nearly 9 percent next year, according to a new survey.
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Judged: 3 2 2 http://www.examiner.com/economic-policy-in-mi... |
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Judged: 2 1 1 ABC News: Health Care Law Confuses, Angers Some Small Businesses Small business owner Marty Grunder has seen his health insurance costs jump up by 28 percent over the last year. Grunder says his annual cost has jumped from about $110,000 to $140,000, even though he downgraded the plans and asked his employees to contribute. "I'm worried because I don't know what's coming," he said. The Ohio businessman is frustrated by the new health care law, which he feels is putting more constraints on his landscaping company, which has 20 full-time employees. "During these times when entrepreneurs are so scared and they're adverse to risk right now, which is not good for anyone, you throw another body blow like that and it doesn't do good mentally," he said. "They're afraid to put money back into their business because they're wondering what else is coming." Most importantly, Grunder, who is also a professional speaker, says he has no idea what the new health care law really means for his company. "I don't understand what the law even says. It's so complicated," said Grunder, who is a registered Republican. "I have to hire a consultant to even figure it out." Grunder is one of many Americans and small business owners who are still unclear about what the changes mean for them, as demonstrated in an Associated Press poll released Tuesday. The Obama administration has stepped up its awareness campaign, but on Wednesday, President Obama acknowledged that more could have been done. http://abcnews.go.com/Politics/HealthCare/hea... My advice to Marty Grunder: Drop healthcare for your employees. The fines will be $40,000 annually for your 20 employees. Increase their salaries by $2,000 a year across the board. Another $50,000 or so out of your pocket. You will be saving your company $20,000 next year over last. Your employees will have a raise, but no insurance. Remind them of why you needed to do that. |
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Saint Paul, MN |
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Since: Apr 10
Location hidden |
Judged: 3 1 1 Well, let's see.... Health care costs went up 15% in 2002 They went up 13.8% in 2003 They went up 14.8% in 2004 They went up 9.1% in 2008 I guess "hope and change" is not as bad as what the previous administration offered. |
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billions wasted for a miniscule percentage difference.
brilliant. |
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“Celebrate Liberty and Freedom” Since: Sep 09
Mpls |
Gee all these entitlements as predicted raise costs....welcome to marxism
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