The Federalist Papers

From Zero Hedge:

My company, based in California, employs 600. We used to insure about 250 of our employees. The rest opted out. The company paid 50% of their premiums for about $750,000/yr.

Under obamacare, none can opt out without penalty, and the rates are double or triple, depending upon the plan. Our 750k for 250 employees is going to $2 million per year for 600 employees.

By mandate, we have to pay 91.5% of the premium or more up from the 50% we used to pay.

Our employees share of the premium goes from $7/week for the cheapest plan to $30/week. 95% of my employees were on that plan. Remember, we used to pay 50% now we pay 91.5% and the premiums still go up that much!!

The cheapest plan now has a deductible of $6350! Before it was $150. Employees making $9 to $10/hr, have to pay $30/wk and have a $6350 deductible!!! What!!!!

They can't afford that to be sure. Obamacare will kill their propensity to seek medical care. More money for less care? How does that help them?

Here is the craziest part. Employees who qualify for mediCAL (the California version of Medicare), which is most of my employees, will automatically be enrolled in the Federal SNAP program. They cannot opt out. They cannot decline. They will be automatically enrolled in the Federal food stamp program based upon their level of Obamacare qualification. Remember, these people work full time, living in a small town in California. They are not seeking assistance. It all seems like a joke. How can this be the new system?

But, Mortman said this would be the best thing California ever saw..?

Mortman like Obozo is a goddamn liar

You're both full of ****. I never said that the ACA would be the best thing California ever saw.

If you want the facts, you're going to have to give us more information than the blogger gives in the OP. The 250 out of 600 employees were covered for $750,000. If that's 50% of the cost, then it averages $500/month/employee. The OP also states that all 600 employees will get covered for $2 million ($278/month/employee).

So, since ACA implements requirements on minimum coverage, some existing plans don't meet that, so could mean new coverage will be more expensive. $56/month? On average? We also don't know whether that company even shopped around for better insurance or just took what their insurance salesman told them it'd cost. We don't know what was covered before ACA.

I'm not saying the ACA is the best thing for California, but just from the OP, it's clear that 350 more people (more if you count their families) get insurance coverage. We know that their new coverage will not have lifetime caps, so every one of those employees can enjoy the fact that they won't get wiped out if they or their families come down with a serious disease or traumatic accident. They also won't be leaving all that risk on the rest of society, by not being able to pay their medical bills. Personal responsibility is a good thing.

Bbbutttt, Mortimer. You did say that the ACA was gonna be great for everyone. Your still regurgitating out a lot of BS about it. Can't you understand the truth? I guess not. Now 85% of physicians surveyed said that they will stop practicing under the ACA. So much for quality healthcare and keeping the same physician, duh. Bottom line Mortimer, IT AIN"T WORKING! You have an excuse for every thing.
Keep your eyes closed and stay in your liberal dream world.

I have Title to the Eiffel-Tower,gonna let you have it cheap-like!

Oh how I love my Swiss Healthcare!
If the Dimmocrats wanted to give Healthcare to the American People,they would have instituted a System similar to the Swiss one,but Healthcare was the furthest from the Minds of those Bloodsuckers when they cobbled ACA together!
Powergrab,and Theft Of Wealth fit much better!

thats all it boils down to, exchange of wealth... democrats are just retarded, and the people that believe that "it's for the people" are retarded too...