Skip to comments.Mounting Evidence of Obamacare's Unintended Consequences
Posted on 09/28/2013 8:37:23 AM PDT by lowbridge
Trader Joe's, the popular privately held supermarket, previously applauded for offering coverage to their part-time employees, is reversing course and, instead of coverage, employees will receive a $500 check. Trader Joe's argues that the employees will likely be able to find a similar plan at a similar cost on the Affordable Care Act's freshly minted state-based insurance exchanges.
Of course, the cost is similar if you add in the government subsidies that those low-income employees are likely eligible to receive. As Trader Joe's was followed by Home Depot, this could be the start of a potentially unintended consequence of Obamacare: shifting the cost of providing health care from employers, to the government.
However, there is a broader trend at work, and that is a chance for businesses to shift from a defined benefit to a defined-contribution model for health care. Walgreen's is one of several companies, including Time Warner, that are either putting current employees, or retirees, on private exchanges. They will continue to subsidize coverage, but the private exchanges provide a way to control health-care costs.
(Excerpt) Read more at fool.com ...
Obamacare Will Increase Avg. Individual-Market Insurance Premiums By 99% For Men, 62% For Women
Obama threatens defense veto if health care premiums for military not increased
Ohio Dept. of Insurance: Obamacare To Increase Individual-Market Health Premiums By 88 Percent
Rate Shock: In California, Obamacare To Increase Individual Health Insurance Premiums By 64-146%
In Nevada, Obamacare to Increase Individual Insurance Premiums by 11-30%
In Minnesota, Obamacare to Increase Individual Insurance Premiums by 29%, Says Obama Adviser
OBAMACARE ARCHITECT: Expect STEEP INCREASE In Health Care PREMIUMS
Oh, I’m sure the unintended consequences were entirely intended.
I disagree that the consequences are unintended.
Obamacare is not the goal. It’s the means to the goal of government run national healthcare.
Obamacare is designed to look like it is helping the little guy. When premiums skyrocket, and people are dropped from coverage, it will be said greedy insurance companies derailed it, and the only solution is total government control of health care.
If you disagree with them taking over health care, then you’ll be called an uncaring profiteer who wants children and the elderly to die in the gutter waiting for medical care. Which, is exactly what will happen when the government gets their hands on it.
Amazing how Obama and his horde of miscreants
Has changed this nation.
I believe those direct subsidies by employers will be TAXABLE income.
Yes, it is all intentional.
Is that for a year of coverage? lol... or is this every single month?
The silver lining is that the WWII mistake of linking health care to employers will have been reversed; and if Obamacare can be repealed, the health care insurance system will revert to the sale of policies to individuals.
Now, if we could only find a way to to eliminate the requirement that hospitals provide care regardless of ability to pay and shift the costs to other patients ...
Thus in one shot, pummeling American Workers and American Small Businesses (the engine of America) into a European style command and control Socialism.
Exactly. That is seldom brought up. Throw in other concepts allowing US to purchase drugs out of country, etc. It does get old subsiding the world via the highest rates for drugs. Either grandma gets thrown under the bus or pharma.
The 2014 elections may be our last chance.
2014 elections have to start today. Find Conservative candidates, organize, organize, organize. Expose the Elitists in office and train patriots to expose the voter fraud prior to 2014! RATs and RINOs are on record as being against the Will Of The People! Their arrogance was on display all last week for even the stupid to see.
Climb in the RAT/RINO sewer and use their tactics back on them. Be smarter; always one step ahead of your enemies!
This can’t be true. Obama [PBUH] reassured a college that there is no evidence ANYWHERE that Obamacare is raising premiums.
“The 2014 elections may be our last chance.”
We all need to work hard and support the good guys.
“instead of coverage, employees will receive a $500 check. Trader Joe’s argues that the employees will likely be able to find a similar plan at a similar cost on the Affordable Care Act’s freshly minted state-based insurance exchanges. ..”
Sounds like Trader Joe’s is trying to whitewash it, either to cover their own butts, or Obama’s.
Thanks for the info. in your Post #3.