Comments on: What the healthcare bill means for small businesses http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/ Grow your own Thu, 26 Mar 2015 12:32:24 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Ronnie9970 http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1877 Wed, 14 Apr 2010 00:34:49 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1877 I have a friend who works for a small company. Less than 25 employees. Average wage about 25k They offer to pay 1/2 of employee insurance premiums. This is a Bluecare insurance with dental, medical, prescription, vision, & life. The coverage is good. However, when the employer worked up my freinds payment amount it is almost double what my he can purchase this same coverage for by himself. Therefore, we firmly believe the company doubled the amount just to say they were paying 50% when they weren’t. My friend also took information on this 2010 new health care tax credit of up to 35% of the premiums a couple of weeks ago and they have yet to reply with any information on what the new premiums would be. I have also visited numerous web sites on what this really means for my friends premiums and it is so complex that tax specialists are recommended and most employers will not want to deal with the credit. If employees are not told clearly and in detail how this changes their premiums, employers will not implement this. Who gets the “up to 35%” off their premiums???

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By: trybno http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1860 Mon, 05 Apr 2010 00:45:54 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1860 well obamanomics has passed!im a small business my employees are commissioned workers no one works more than 60 hrs in a2wk period.do i have to provide insurance!or will people be forced to live in their means no blackberry~!nails pack lunch oh i forgot its not 1970!obamanomics how bout old fashion work ethic!

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By: girlzsmommy http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1850 Wed, 31 Mar 2010 19:54:35 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1850 I am concerned any time the government mandates anything. If I were a small business owner, I too would cut hours, but increase my employees pay so that they would make the same amount. This could easily be achived by dropping them by 5 hours and increasing their hourly pay to compensate.) I waould also explain to my employees that I am doing this so I would not be forced to lay anyone off. I feel bad for not being able to offer insurance to my employees anyway, but that if we want to keep the business open and continue getting a paycheck then this is the only way I can figure it out. Also, my employees and many that I know of would be and are partial owners in the company, so bottom line is not only do they lose their job, but they lose any extra profit the company might make.

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By: Kumicho http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1815 Wed, 24 Mar 2010 17:40:33 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1815 Small businesses with less than 50 people are exempt from the penalties.

Large businesses should at least offer health care plans for their employees to ensure that they don’t have to be paid for by the government.

Sounds good to me. And CAT, who was claiming that this was going to cost them $100m / year was up 6% yesterday. I’m wondering exactly how much of this is political posturing…

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By: altruance http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1814 Wed, 24 Mar 2010 15:43:58 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1814 Not sure how many small businesses will actually benefit from this reform. These bills are not going to drastically impact the bottom line of most small companies. By not addressing skyrocketing health costs business owners will have to deal with annual premium increases of 20-30% for the foreseeable future. Those premium increases will be far larger than any benefit from the tax breaks or pools.

http://www.altruance.com/2010/03/health- insurance-reform-small-business-impact/

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By: wustl07 http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1808 Wed, 24 Mar 2010 02:08:40 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1808 How exactly do they intend to bend costs with this??? I haven’t seen one thing that doesn’t scream “expansion of third party payment.” This is total amateur hour. Everyone from the Rolling Stones to RedState recognizes that over-utilization is causing inflated health care costs. So what do they do, they cap HFSAs and stack more people between the patients and their doctors. Since when did people ever decide to be efficient when spending other peoples’ money. Sure this program might eventually stem the over use of health care, but it is going to be done through rationing rather than smart choices.

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By: jstaf http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1803 Tue, 23 Mar 2010 20:00:49 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1803 Employers that spend their time worrying about gaming the system are not running good businesses to begin with, the sooner they get out of the market the better.

The delay will allow time for pooled insurance companies to pop up with new business models that should blow away the old school health insurers just like Amazon is eating Barnes and Nobles, creative destruction is the real free market force.

Good for businesses and consumers alike.

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By: Miriamac http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1802 Tue, 23 Mar 2010 18:30:24 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1802 The operative word is “must.”
This is a transfer of wealth from individuals and small businesses to large corporations.
Worse it is a transfer for a product that is so defective that people refuse to buy it.
It provides no benefits to anyone.
I applaud the AG’s who are standing against this violation of Am 10.
I wish New York’s AG would join them, if only because this statute preempts the New York regulatory scheme that serves New Yorkers well. (Ever wonder why some insurers won’t do business in NY. Because they can’t get away with stuff here.)

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By: sheepherder http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1800 Tue, 23 Mar 2010 16:02:03 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1800 Actually this is pretty terrible. What it ultimately means is a transfer of wealth between classes. The successful people need to pay more while the unmotivated people receive more handouts. Typical of the US to cater to the lowest common denominators of society. To force all of this on us is also just more government involvement in our daily lives. Something that is always a good thing right? And universal healthcare is so successful in other countries right?

And Doc, I’m not sure what the healthcare “reform” bill has anything to do with an employer that has bad employment practices. There are laws in place that need to be utilized to deal with those sort of practices or people need to go find a new job or even better, how about reverse the press on him and speak out against what he’s doing.

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By: RedneckTech http://blogs.reuters.com/small-business/2010/03/22/what-the-healthcare-bill-means-for-small-businesses/comment-page-1/#comment-1799 Tue, 23 Mar 2010 15:55:23 +0000 http://blogs.reuters.com/small-business/?p=1969#comment-1799 I agree with Doc, there will be a lot of employers who will just cut peoples hours so they don’t meet the criteria. Look at what they have done with credit card rates, and penalties, etc, since they announced the plans to change it. The credit companies just changed it all, before the law went into effect. There should be some type of retroactive clause in these bills, if companies make changes from time of announcement to time of effect, if it is concluded that they did it to circumvent the new law coming into being, then they would be forced to reinstate rates, hours, etc, to that before the announcement of a bill coming. Also include a nice hefty fine, that could not be passed onto the consumer or employees.

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