Wow. I got a text from a constituent who's just seen the new insurance premiums he'll have to pay as a business owner under #Obamacare.I may have mentioned that Georgia has the worst unemployment in the nation. Not helping: all these demands on start-ups and existing businesses that are slated to come online in the next few years. Why would any sensible investor start a business in the United States until the full effects of the ACA are knowable, and a business case can be evaluated with something like reliable cost estimates in front of you?
$47,000 could have been a great salary for a great new Georgia job next year. Instead, it's off to the insurance companies as a direct result of the "Affordable" Care Act.
Do you think your employer can stand an 87% increase in insurance premium payments?
What Employer?
Congressman Doug Collins of Georgia's Mighty Ninth District writes:
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3 comments:
I told people stuff like that was going to happen. Just wait till the employer mandate really kicks in.
Doubling someones health "insurance" sort of plays havoc with their disposable income. the zerocare option for us, solid middle class,would have eliminated any other spending. For the people who make little enough to qualify for a subsidy (welfare) it is probably a boon to their cash situation.
Slaves have never needed job security, when they had Obama and Hussein masters.
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