The wheels falling off Obamacare dramatically now

[dogtowner]

oh dear, who predicted this ?

Exchanges delayed a year. Costs for state run ones are prohibitive so so long employer based options and hello huge increases to small business employees.

The Obama administration now says a special system of exchanges designed to make it easier for small businesses to provide insurance will be delayed an entire year -- to 2015.

"Lots of small businesses struggle with providing insurance for their workers so this was supposed to facilitate it and make it easier for small business to do this," said Jim Capretta of the Ethics and Public Policy Center. "It was a huge portion of the sale job. When they passed the law in 2010 there were many senators and members of Congress who were saying 'I am doing this because it's going to help small businesses.'"

The exchanges were designed to give workers a range of choices supported by dollars from their employers. But now they will have only one choice until 2015, which could mean they can't shop for insurance that includes their current providers. Capretta said the administration is "way" behind schedule.

Since insurance is more expensive for small businesses, many of which have no obligation under the law to provide coverage, analysts now fear many might just stop trying and let workers go on the soon-to-be-launched state exchanges.

Sara Teppema of the Society of Actuaries -- which did an exhaustive study of ObamaCare -- said that "even if it's just a small change of people who are leaving the employment-based insurance and coming into the individual insurance market, their costs and their numbers will overwhelm those who are currently uninsured."

That means costs would increase.

 

[dogtowner]

oh dear, who predicted this ?

Exchanges delayed a year. Costs for state run ones are prohibitive so
so long employer based options and hello huge increases to small business employees.

im sure some of you will recognize that todays dreadful jobs report shows the effect of obamacare even at this preliminary stage. time for some sober reflection on this disaster.

 

[Cruella]

The Obama administration now says a special system of exchanges designed to make it easier for small businesses to provide insurance will be delayed an entire year -- to 2015

Even Dems are getting worried about how Obamacare is going to affect their reelections in 2014. No wonder they want to postpone it 'til 2015.
.

 

[dogtowner]

Even Dems are getting worried about how Obamacare is going to affect their reelections in 2014. No wonder they want to postpone it 'til 2015.
.

excellent point but it actually makes it worse with only one choice and no way to undercut private offerings. bad exposure.

it wont matter to those who havent paid for their own healthcare but its going to really hurt that 70-80% of small business workers. if this doesn't motivate them, nothing will.

of course BO is doing everything in his power to get these guys out of the workforce and on the teat. dangerous game.

 

[Cruella]

excellent point but it actually makes it worse with only one choice and no way to undercut private offerings. bad exposure.

it wont matter to those who havent paid for their own healthcare but its going to really hurt that 70-80% of small business workers. if this doesn't motivate them, nothing will.

of course BO is doing everything in his power to get these guys out of the workforce and on the teat. dangerous game.

Oh yeah. There were only 88,000 new jobs created in March, while 663,000 dropped out of the work force. Bernanke will have to keep printing until the printing press blows up on us all.

Pretty soon there won't be anyone pulling this welfare train.

 

[dogtowner]

Oh yeah. There were only 88,000 new jobs created in March, while 663,000 dropped out of the work force. Bernanke will have to keep printing until the printing press blows up on us all.

Pretty soon there won't be anyone pulling this welfare train.

and dont forget that all those falling off the years of unemployment are becoming disabled which costs even more.

yes ma'am the horses can only pull twice+ their weight for so long. and those printing presses are already glowing red.