Ran across
this article in the WSJ today.
Ya know, I'm a frequent critic of the President, and especially his HCR bill. But it constantly surprises me that the GOP has to reach to absurdity to find things to criticize.
"This was brought home to me when I asked the CEO of a major restaurant chain about health reforms effect on his company, which now spends $25 million a year on employee health insurance. That will jump to at least $90 million a year once the new law is phased in. It will be cheaper, he told me, for the company to dump its coverage and pay a fine—$2,000 for each full-time worker—and make sure that no part-time employee accidentally worked 31 hours and thereby incurred the fine."Um, Karl baby. Did ya bother to ask the CEO why they were ALREADY paying for insurance? It was cheaper to not pay anything at all, and yet they were. Now, Karl, why do you think that is? Slowly Karl...
Because they had to in order to attract employees. Should I say it slower Karl? That isn't going to change and in fact it will be MORE expected now. A company that drops its coverage and just "pays the fine" will find alot of employees dropping their jobs for other ones.
I do expect companies to drop their coverage and pay the fine. These are the same companies that were going to soon drop their coverage and, well, pay NOTHING. They were and will do this because the cost of health care is climbing through the roof, and nothing is stopping it.
And Karl my man. Exactly what did you do about that in 8 years? Hmmm........
Oh ,yeah, the government was prevented from actually negotiating lower drug prices. That's right.