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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (543324)	10/15/2013 1:17:47 AM
From: skinowski	Read Replies (1) \| Respond to of 793559

I think there is also a hidden "stimulus" baked in into the "A"CA. Many employers will cancel coverage, and their employees will discover that they are eligible for subsidies. Net result - businesses get to keep a little extra money, and Bernanke gets to do a little extra printing.

To: Nadine Carroll who wrote (543324)	10/15/2013 9:03:53 AM
From: D. Long	4 Recommendations Recommended By Brian Sullivan lightshipsailor MulhollandDrive Nadine Carroll Read Replies (1) \| Respond to of 793559

There is going to be a large group of people who were expecting cheap insurance, if not free, who are going to be disappointed to learn than all the law has in store for them is a 1% fine, for which they get nothing. My wife sat in on her company's HR meeting with her employees last week. HR explained to them, about 40 mostly Hispanic plant workers who mostly don't sign up for the company insurance, that they must sign up for health insurance in the open enrollment this year because of Obamacare. And, oh by the way, the price is going up because of Obamacare, too. I guess there was abject shock. Some indignantly stated they would go the Exchange and get the free plans, at which the HR person had to explain that those plans weren't free, were more expensive than the company's plan, and they wouldn't be eligible for the subsidies anyway. There were a lot of long faces leaving that meeting. I expect there will be a lot of long faces all across America come December 15.