Sunday, September 1, 2013

The Tenneseans looks at Obamacare:TN employers crunch numbers on health law

I knew when President Obama said, "If you like your coverage, you can keep it. You don’t have to change," that that was a lie.  I am sure he knew it was a lie, and anyone who can reason and was paying attention knew it was a lie. Now that Obamacare is the law of the land, the lie is being revealed.

The truth is that many people will lose there coverage, some people will lose their jobs, some with full time jobs will be reduced to part-time, some will have their insurance premiums rise. More future jobs will be less than 30 hours.  It is true that some people now without insurance because of preexisting conditions will now be covered, but there is the other side of the coin. This article looks at the reality of Obamacare from a non-ideological point of view.

TN employers crunch numbers on health law 

by Tom Wilemon, The Tennessean, Sep. 1, 2013 - Employers are just beginning to learn the financial ironies of the federal health law.

Small nonprofits that pay no taxes can get tax credits. Some businesses that currently provide generous insurance may stop. And organizations could fork over more money covering part-time workers than full-time workers. (link)

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