I have children that run small businesses (20-30 employees each)
none are illegal. Several have insurance due to a spouse or they are single with their head screwed on right.
We did an estimate if half needed to be insured...then just arbitrarily took a private policy and cut the cost in half (just for the sake of calculation). On the owner would pay 72% of the premium, the overall expense increase to the business ranges from 20-30%.
How would you deal with a 30% increase in your monthly living expenses?
This is not corporate America where they have the ability to swallow or off set the expenses to maintain their profitability.
These are small....SMALL...businesses most of which are less than a million $$ in revenues. These are the businesses that account for a very large share of total jobs in this country.
Two more observations. The kids have heard via their respective feed backs in their businesses, that some employees can't wait for the new law to pass so they can cancel their insurance and get if for 22% of what they used to pay (the business gets stuck with the rest).
Small businesses will get hurt. Many will have to cut expenses and for small businesses that means JOBS!!!!!!!!
As far as somebody else helping pick up the tab so others won't be burdened with paying for those that today do not have.....hopefully I didn't misinterpret that one is in favor of the new reformed health care for the don't haves, as long as somebody else pays the bill?
The only advocates for the bill are Obama, the media and those who stand to gain from it's passage.
I still don't know why the majority have not picked up on the fact their coverage is going to change. That you will be paying more to keep or get the equivilent of what you have today.
If anybody is for the reform, then they are in favor of paying their share to provide for the have nots and those who will figure how to exploit the new provisions.
I view the information available to make a good decision is about as useful as the dimensions of a passing cloud!!!!!!!!!!!!! And it will stay that way ala the recent bail out "clouds"!
btk
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