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Thursday, October 03, 2013

Finding Out About Obamacare

There’s a real reform that Congress should have passed — and should still pass.

Nancy Pelosi promised that we would all find out what Obamacare entailed after the billed was passed. Last week I did.

I run a small company with 18 employees on its payroll. We have a health-insurance plan administered by Anthem Blue Cross. Last week, Blue Cross notified us that unless we renewed our plan immediately, accepting an 11.3 percent increase in our rates, we would have to accept the new Obamacare rates, which will go into effect in January 2014. These would entail a 38.2 percent increase.

I don’t like being shaken down like this. But business is business, and an 11 percent hit beats 38 percent, so I took the offer. But that will only postpone the problem. Starting next year, we will have to pay the full burden of the new higher Obamacare health-insurance rates.

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1 comment:

Anonymous said...

And they call this AFFORDABLE CARE . My spouse is thinking about retireing and checked the Obama Care option for insurance and it was $885.00 PER MONTH. I do not find that "affordable". I am telling you that if the government doesn't get that plan defunded we are all going to be in a very bad way. The only thing this is going to benefit is to make Medicade expand and we pay for that too, in addition to costing employers and the population more money than anyone can afford and gives us less coverage. Stop thinking Obama and Democrat and use your head regarding the law and it's consequences people!!!!