Pelosi looks to crush small business with the burden of health care. I suggest all small business owners run for the hills or take up your arms because Washington is about to crush your bottom line. Just one quick look and SB is screwed. Here's how:
a) SB owners will have to OFFER insurance or pay 8% fine. N...EW, and look at all the fast food restaurants and service businesses that do not provide such benefits that will have to now provide all employees with health insurance - wait there's more.
b) SB owners who are already doing the right thing or NEW to the program (because of this legislation) will have to now pay 70% of the employee cost (currently 50%) and 65% of the family coverage (currently 0%) - Just think if you own a business that could not offer health insurance, you will now be forced to provide PLUS pay for 75% of the cost.
c) PREMIUMS will explode because insurance companies will have to accept the uninsured that have preexisting conditions. The uninsured that are healthy will opt for the SMALL FINE and stay uninsured. IF the uninsured get sick, no problem because the insurance companies have to accept them when they apply, no questions asked.
Just think what this will to to the cost of goods every small business sells for services provided. Prices will go up, more people will be laid off, jobs will be eliminated permanently, more part time workers. OH YES BAD NEWS. None of this addresses the root cause of the health care crisis - POOR LIFESTYLE CHOICES. The CDC and many other national organizations attribute 60-90% of all health care cost to poor lifestyle choices starting with EATING AND SMOKING. Will Americans CHANGE, they voted for it but will they change THEMSELVES?
Biggest loser of 'reform': small biz
Monday, November 02, 2009
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment