Company Dumps Healthcare Plan

[The Rabbi]

A friend of mine is the benefits manager for a small company (500 employees). He tells me as of 12/31 they will no longer offer health insurance. Why?
Well, currently they spend $4M/yr on health coverage for their employees. The employees kick in another 1.5M. By dropping coverage he pays the $1M penalty. But in return he can give each employee $350/mo towards their own coverage and still come out ahead. Some employees can get more even more if the company wants to keep them. The lower paid employees can qualify for gov't subsidies, which they couldnt before because the company offered a health plan. ANd between subsidies and employer contribution they can pick exactly the coverage they want, so better for them.
All in all it's a win win for employer and employee. But since this is a zero sum game the loser is of coure the taxpayer, who will be subsidizing all the lower paid employees who dont have coverage from their jobs.
This will of course drive up the cost of Obamacare astronomically.

Every company similiarly situated is doing exactly the same analysis and they will come to exactly the same concliusions: cheaper to kick employees off the plan and just pay them a little extra.

 

[bendog]

A friend of mine is the benefits manager for a small company (500 employees). He tells me as of 12/31 they will no longer offer health insurance. Why?
Well, currently they spend $4M/yr on health coverage for their employees. The employees kick in another 1.5M. By dropping coverage he pays the $1M penalty. But in return he can give each employee $350/mo towards their own coverage and still come out ahead. Some employees can get more even more if the company wants to keep them. The lower paid employees can qualify for gov't subsidies, which they couldnt before because the company offered a health plan. ANd between subsidies and employer contribution they can pick exactly the coverage they want, so better for them.
All in all it's a win win for employer and employee. But since this is a zero sum game the loser is of coure the taxpayer, who will be subsidizing all the lower paid employees who dont have coverage from their jobs.
This will of course drive up the cost of Obamacare astronomically.

Every company similiarly situated is doing exactly the same analysis and they will come to exactly the same concliusions: cheaper to kick employees off the plan and just pay them a little extra.

Yep. The law of unintended consequences coupled with top bottom govt.

 

[Kosh]

This was the far left plan in the long run, to make health insurance unaffordable except through the government run exchanges.

 

[jillian]

awwwww.... $350 to every employee for insurance that costs thousands.

how nice.

thanks for the "story". but good that you want to encourage companies to force us to pay for you freeloaders.... while crying and whining about efforts to get people covered by insurance in a manner they can afford.

typical rightwingnut idiocy.

 

[jillian]

This was the far left plan in the long run, to make health insurance unaffordable except through the government run exchanges.

is that another intentional lie or are you really that brainwashed and stupid?

if you're capable, read and learn.

thanks.

Original document where Heritage created Obamacare individual mandate

 

[Pennywise]

A friend of mine is the benefits manager for a small company (500 employees). He tells me as of 12/31 they will no longer offer health insurance. Why?
Well, currently they spend $4M/yr on health coverage for their employees. The employees kick in another 1.5M. By dropping coverage he pays the $1M penalty. But in return he can give each employee $350/mo towards their own coverage and still come out ahead. Some employees can get more even more if the company wants to keep them. The lower paid employees can qualify for gov't subsidies, which they couldnt before because the company offered a health plan. ANd between subsidies and employer contribution they can pick exactly the coverage they want, so better for them.
All in all it's a win win for employer and employee. But since this is a zero sum game the loser is of coure the taxpayer, who will be subsidizing all the lower paid employees who dont have coverage from their jobs.
This will of course drive up the cost of Obamacare astronomically.

Every company similiarly situated is doing exactly the same analysis and they will come to exactly the same concliusions: cheaper to kick employees off the plan and just pay them a little extra.

Yep. The law of unintended consequences coupled with top bottom govt.

This was fully intended. Everything is going according to plan.

 

[M14 Shooter]

awwwww.... $350 to every employee for insurance that costs thousands.

$350 x 12 = $4200

how nice.

How illiterate.

Typical leftist boob.

 

[chikenwing]

awwwww.... $350 to every employee for insurance that costs thousands.

how nice.

thanks for the "story". but good that you want to encourage companies to force us to pay for you freeloaders.... while crying and whining about efforts to get people covered by insurance in a manner they can afford.

typical rightwingnut idiocy.

What?? decoder required??!!

 

[martybegan]

A friend of mine is the benefits manager for a small company (500 employees). He tells me as of 12/31 they will no longer offer health insurance. Why?
Well, currently they spend $4M/yr on health coverage for their employees. The employees kick in another 1.5M. By dropping coverage he pays the $1M penalty. But in return he can give each employee $350/mo towards their own coverage and still come out ahead. Some employees can get more even more if the company wants to keep them. The lower paid employees can qualify for gov't subsidies, which they couldnt before because the company offered a health plan. ANd between subsidies and employer contribution they can pick exactly the coverage they want, so better for them.
All in all it's a win win for employer and employee. But since this is a zero sum game the loser is of coure the taxpayer, who will be subsidizing all the lower paid employees who dont have coverage from their jobs.
This will of course drive up the cost of Obamacare astronomically.

Every company similiarly situated is doing exactly the same analysis and they will come to exactly the same concliusions: cheaper to kick employees off the plan and just pay them a little extra.

Yep. The law of unintended consequences coupled with top bottom govt.

it wasn't unintended. They know it will bust the system, so in 10 years or so they can roll out what they really want, single payer.

The DMV model of health care.

 

[Pennywise]

This was the far left plan in the long run, to make health insurance unaffordable except through the government run exchanges.

is that another intentional lie or are you really that brainwashed and stupid?

if you're capable, read and learn.

thanks.

Original document where Heritage created Obamacare individual mandate

All you are capable of is being a moronic bitch. Obama and his henchmen are on video saying the ultimate goal is single-payer(government run sub par care).

 

[martybegan]

awwwww.... $350 to every employee for insurance that costs thousands.

how nice.

thanks for the "story". but good that you want to encourage companies to force us to pay for you freeloaders.... while crying and whining about efforts to get people covered by insurance in a manner they can afford.

typical rightwingnut idiocy.

Didn't see the per month part, did ya?

Also the $350 may not cover ALL the costs monthly, but the other part states the government will gladly take up the slack via subsidies.


Try reading before spewing.

 

[Jarhead]

awwwww.... $350 to every employee for insurance that costs thousands.

how nice.

thanks for the "story". but good that you want to encourage companies to force us to pay for you freeloaders.... while crying and whining about efforts to get people covered by insurance in a manner they can afford.

typical rightwingnut idiocy.

in other words you are too stupid to understand the flaw (one of many) in the ACA.

Go back and finish high school...then college...then law school.

Then you can become the attorney you make believe you are....until, of course, you got caught in the lie.

 

[Mr. H.]

The Employer Mandate is at least a year away and they're already ducking and covering.

 

[The Rabbi]

awwwww.... $350 to every employee for insurance that costs thousands.

how nice.

thanks for the "story". but good that you want to encourage companies to force us to pay for you freeloaders.... while crying and whining about efforts to get people covered by insurance in a manner they can afford.

typical rightwingnut idiocy.

If idiots like you hadnt supported Obamacare the company would never have had this incentive to dump employees. Who do you think is going to cover the difference between the350 the company gives and the premium cost? Yeah, you. You voted for it, you get to pay for it. Pretty simple.

 

[Jarhead]

awwwww.... $350 to every employee for insurance that costs thousands.

how nice.

thanks for the "story". but good that you want to encourage companies to force us to pay for you freeloaders.... while crying and whining about efforts to get people covered by insurance in a manner they can afford.

typical rightwingnut idiocy.

Didn't see the per month part, did ya?

Also the $350 may not cover ALL the costs monthly, but the other part states the government will gladly take up the slack via subsidies.


Try reading before spewing.

Marty...its Jillian....the one who is so stupid, she doesn't even know how to lie without getting caught on an online anonymous forum.

So suggesting she read is a chore in itself for her.

 

[The Rabbi]

The Employer Mandate is at least a year away and they're already ducking and covering.

And for every year they put off the mandate companies like my friend's pocket the $1M penalty! It's a win-win.

 

[bendog]

A friend of mine is the benefits manager for a small company (500 employees). He tells me as of 12/31 they will no longer offer health insurance. Why?
Well, currently they spend $4M/yr on health coverage for their employees. The employees kick in another 1.5M. By dropping coverage he pays the $1M penalty. But in return he can give each employee $350/mo towards their own coverage and still come out ahead. Some employees can get more even more if the company wants to keep them. The lower paid employees can qualify for gov't subsidies, which they couldnt before because the company offered a health plan. ANd between subsidies and employer contribution they can pick exactly the coverage they want, so better for them.
All in all it's a win win for employer and employee. But since this is a zero sum game the loser is of coure the taxpayer, who will be subsidizing all the lower paid employees who dont have coverage from their jobs.
This will of course drive up the cost of Obamacare astronomically.

Every company similiarly situated is doing exactly the same analysis and they will come to exactly the same concliusions: cheaper to kick employees off the plan and just pay them a little extra.

Yep. The law of unintended consequences coupled with top bottom govt.

it wasn't unintended. They know it will bust the system, so in 10 years or so they can roll out what they really want, single payer.

The DMV model of health care.

I realize that, but I still cannot wrap my brain around them being competent enough to actually do this. Pelosi is a pretty machievellian character, so it's possible. No way team Obama did this w/o help, though.

 

[Wry Catcher]

A friend of mine is the benefits manager for a small company (500 employees). He tells me as of 12/31 they will no longer offer health insurance. Why?
Well, currently they spend $4M/yr on health coverage for their employees. The employees kick in another 1.5M. By dropping coverage he pays the $1M penalty. But in return he can give each employee $350/mo towards their own coverage and still come out ahead. Some employees can get more even more if the company wants to keep them. The lower paid employees can qualify for gov't subsidies, which they couldnt before because the company offered a health plan. ANd between subsidies and employer contribution they can pick exactly the coverage they want, so better for them.
All in all it's a win win for employer and employee. But since this is a zero sum game the loser is of coure the taxpayer, who will be subsidizing all the lower paid employees who dont have coverage from their jobs.
This will of course drive up the cost of Obamacare astronomically.

Every company similiarly situated is doing exactly the same analysis and they will come to exactly the same concliusions: cheaper to kick employees off the plan and just pay them a little extra.

Therein ^^^ is this truth: Companies and corporations are amoral - some CEOs, CFOs, etc. are immoral; and the Government has a duty to be ethical. We can fire elected government officials, but not those in the private sector who are immoral. Strange, isn't it.

 

[Kosh]

This was the far left plan in the long run, to make health insurance unaffordable except through the government run exchanges.

is that another intentional lie or are you really that brainwashed and stupid?

if you're capable, read and learn.

thanks.

Original document where Heritage created Obamacare individual mandate

Oh the irony of those comments form the far left.

Again the far left uses a far left blog site for the "facts"..

Go figure.

 

[The Rabbi]

A friend of mine is the benefits manager for a small company (500 employees). He tells me as of 12/31 they will no longer offer health insurance. Why?
Well, currently they spend $4M/yr on health coverage for their employees. The employees kick in another 1.5M. By dropping coverage he pays the $1M penalty. But in return he can give each employee $350/mo towards their own coverage and still come out ahead. Some employees can get more even more if the company wants to keep them. The lower paid employees can qualify for gov't subsidies, which they couldnt before because the company offered a health plan. ANd between subsidies and employer contribution they can pick exactly the coverage they want, so better for them.
All in all it's a win win for employer and employee. But since this is a zero sum game the loser is of coure the taxpayer, who will be subsidizing all the lower paid employees who dont have coverage from their jobs.
This will of course drive up the cost of Obamacare astronomically.

Every company similiarly situated is doing exactly the same analysis and they will come to exactly the same concliusions: cheaper to kick employees off the plan and just pay them a little extra.

Therein ^^^ is this truth: Companies and corporations are amoral - some CEOs, CFOs, etc. are immoral; and the Government has a duty to be ethical. We can fire elected government officials, but not those in the private sector who are immoral. Strange, isn't it.

Companies are amoral. Government officials are immoral. If you dont like a compamy, dont do business with them. If you dont like the government? Well, too bad. Nothing strange, just common sense. Somthing a cocksucker like you lacks.