To: tejek who wrote (756706 ) 12/8/2013 4:17:50 PM From: longnshort Respond to of 1574539 The numbers don't lie, NJ small businesses are getting hosed by Obamacare I have yet to actually meet a person who's been "helped" by Obamacare. And according to this report on the impact Dear Leader's socialist schemes are having on New Jersey's small businesses, I probably never will. Kim Greene warned her small-business clients that 2014 would be ugly. But not like this. At the start of last month, renewal notices for health plans that take effect in January began arriving at her insurance brokerage, Name Benefits in Hillsborough. And as she opened each notice, it became apparent to her just how confusing, complex and, in many cases, costly health insurance will be for small businesses next year. "Sixty-eight percent, 43 percent, 40 percent," Greene said as she read off the rate hikes that her small-employer clients are facing in 2014. "Wow, 70.33 percent." "I've never seen anything like this," she said. "Before the (Affordable Care Act), the highest increase I saw was 47 percent, but it was an old plan with very rich benefits." In my day job we got hit by Aetna with a 38% increase. Which we then traded for a craptacular Oxford plan that only jacked up our rates by 15%, mostly by limiting our doctor network to 2 Pakistani interns with a clinic in Paterson. OK, I exaggerate, but only a little. Our doctor and hospital network is indeed significantly smaller, and Oxford provides zero out of network benefits. And before they pay Dime One, I have to meet a $1,500 deductible and a $4,000 out-of-pocket max. We used to call that "catastrophic coverage" and it came with a low price tag. Not any more. These days the catastrophe is Obamacare. Thanks Democrats! I like getting hosed! Really. It's the best part of my otherwise boring life. Posted at 11:56 by Chris W