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GOP Study Shows Companies Would Save Money By Dropping Health Care Offerings, Paying Tiny Fine
Reaganite Republican ^ | May 2, 2012 | Reaganite Republican

Posted on 05/02/2012 7:06:48 AM PDT by Reaganite Republican

None of this will come as a surprise to anybody who's been paying attention. The employer fine is light and ObamaCare exchange subsidies heavy... how else would it play-out, then...

The companies can even raise salaries with some of the savings and everybody wins.... except the taxpayers of course, who will be covering the whole debacle with money we never had in the first-place:
Trying to build their case that President Obama’s health care law will destroy traditional employer-sponsored insurance, House Republicans released a study Tuesday showing that the largest companies could save billions by kicking workers off their current health plans and pushing them into government-subsidized exchanges.

In a dig at Mr. Obama, who promised that the law would allow people to keep their current coverage, the report found that companies could save $4,821 per worker if they chose to end coverage and instead pay a fine — leaving their employees with no recourse but to buy insurance on their own through the exchanges.

'It is clear to me that because of this law, Americans will not be able to keep the health care plan they have and like' said Rep. Dave Camp of Michigan, chairman of the House Ways and Means Committee. He charged that the Affordable Care Act will make insurance so expensive that employers won’t be able to afford to offer it anymore. -Washington Times 
The glaring reality is that Obamacare provides multiple incentives for companies to drop their offerings and push their employees onto federal exchanges. And it's all by design...

Even non-losers with real jobs will migrate towards federal program, destroying insurance companies and completing an unwanted nationalization of the American health-care system though squirelly, back-door methods so typical of the Bolshevik Boy Wonder and his disingenuous enablers.

Another reminder of how the Left are out to shove THEIR agenda down your throat by-hook-or-by-crook... while lying to your face every step of the way onto their Cuba-esque socialist paradise.


TOPICS: Conspiracy; Government; Health/Medicine; Politics
KEYWORDS: exchanges; incentives; nationalization; obamacare; romneycare; romneydeathpanels; romneyengineering

1 posted on 05/02/2012 7:06:58 AM PDT by Reaganite Republican
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To: Reaganite Republican
I can predict the Libtard response to this:

Increase the amount of the fine.

or

Create a public (government) option to deal with the people dumped from private plans.

Or maybe a combination of both.
2 posted on 05/02/2012 7:10:29 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Reaganite Republican

I suppose our copyright on that Captain Obvious photo has run out by now...


3 posted on 05/02/2012 7:12:23 AM PDT by Buckeye McFrog
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To: ken5050

Personal *PING*


4 posted on 05/02/2012 7:13:40 AM PDT by Reaganite Republican
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To: Reaganite Republican

Yep, that’s the plan.

Eventually, everyone will have to go to ‘0-gov’ to get
any kind of medical help. That’s ‘sub-par’ medical help.


5 posted on 05/02/2012 7:16:12 AM PDT by TribalPrincess2U (Anyone not wanting an ID or purple thumb to vote isn't worthy of voting privilege.)
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To: Reaganite Republican

The whole point of Obamacare was to pass something so bad that the sheeple would later accept fully socialized medicine as an improvement.


6 posted on 05/02/2012 7:16:40 AM PDT by Bubba_Leroy (The Obamanation Continues)
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To: Vigilanteman; All

I honestly believe SCOTUS is going to 86 this pig

Then Obummer will have ZERO chance of getting re-elected

I’m not much of a Romney fan... so I’m dedicating myself to attacking Obama the next few months, he makes it SO easy...


7 posted on 05/02/2012 7:17:42 AM PDT by Reaganite Republican
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To: Vigilanteman

Just pay the fine, which is our plan. If the employees B8tch about it, replace them. Most of these tools voted for the kenyan klown in the first place..


8 posted on 05/02/2012 7:21:16 AM PDT by max americana
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To: Reaganite Republican

I have been saying this since the first draft of ObamaScare was released. We did a quick analysis of the provisions and came to the obvious conclusion. My company currently provides a FREE ‘Cadillac’ plan to all our employees.

At the time ObamaScare was proposed our premiums were $1800/mo per employee for full family coverage (which as I said we provide at no cost to the employee). NOw are premiums are pushing $2100/mo per employee and that is with reducing the plan benefit — Went from NO DEDUCTIBLE and $10 Copay for everything to $200 Annual deductible and $15 copay to keep premiums from hitting $2300 a month.

NOw do the math:
120 employees at $2100 a mo = $252,000 a month for health care * 12 = $3,024,000 a year.

Fine $2000 * 120 = $240,000 a year.

So keep health care and watch the 3 Million a year SPIRAL UPWARD EXPONENTIALLY due to the increasing costs of ObamaScare, or pay the fine and ADD $2.75 million a year to the bottom line.

Fiscally it is as much a no-brainer as there can be.


9 posted on 05/02/2012 7:30:00 AM PDT by commish (Freedom tastes sweetest to those who have fought to preserve it.)
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To: Bubba_Leroy
Exactly.
10 posted on 05/02/2012 7:54:49 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Vigilanteman

“Create a public (government) option to deal with the people dumped from private plans.”

This is the end game. That’s exactly what they want. They couldn’t mandate it directly because of the push back but they can do it incrementally...


11 posted on 05/02/2012 8:13:14 AM PDT by Syntyr (Happiness is two at low eight!)
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To: Reaganite Republican

That’s why this admin has strangled business from the beginning, that is their plan. Vote them out.


12 posted on 05/02/2012 8:21:43 AM PDT by Pilated
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To: Reaganite Republican

That’s why this admin has strangled business from the beginning, that is their plan. Vote them out.


13 posted on 05/02/2012 8:22:51 AM PDT by Pilated
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To: Reaganite Republican

I suspect you are right, though it would be even more fun if SCOTUS were to strike down the mandate and leave the rest.

Can you imagine the board rooms at BC/BS, Humana, Wellpoint, et. al the morning after realizing that their dream of 50 million new customers at gunpoint was gone, but they were getting stuck with the rest of the crap sandwich?

They’d turn on their former ally faster than an Afghan sentry! Obama would be pounded to a bloody pulp by the time they got done running attack ads against him.

Would be wonderfully fun to watch anyway.


14 posted on 05/02/2012 8:46:27 AM PDT by Buckeye McFrog
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To: Reaganite Republican

This is why the corporates went all out for the Muslim communist and have been funding his activist pals. They needed a radical to impose socialized medicine on the people. They wanted to unload the cost of health care benefits onto the US government.


15 posted on 05/02/2012 8:49:02 AM PDT by SaraJohnson
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To: Buckeye McFrog
Can you imagine the board rooms at BC/BS, Humana, Wellpoint, et. al the morning after realizing that their dream of 50 million new customers at gunpoint was gone, but they were getting stuck with the rest of the crap sandwich?

Actually, I believe the government plan would be to offer cooperative executives high, well-paying positions in a new government agency in charge of health care. They would probably even improve on their fancy offices and perks.

16 posted on 05/02/2012 9:48:09 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: commish; All

EXACTLY~ ‘no brainer’ indeed


17 posted on 05/02/2012 10:00:45 AM PDT by Reaganite Republican
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