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Monday, February 18, 2013

Businesses can’t afford Obamacare but that was the plan all along…single payer

Obamacare was all about single payer government run healthcare from the onset, just another spoke in the wheel of totalitarianism.

Not only can you not keep your current plan but your hours may be cut, your job may be cut…

US business hits out at ‘Obamacare’ costs

By Barney Jopson in New York and Alan Rappeport in Washington
A supporter of the Affordable Care Act argues with women opposed to the reforms outside the Supreme Court in Washington©Getty

Supporters and opponents of Obamacare argue outside the Supreme Court

US retailers and restaurants chains that employ millions of low-wage workers are considering cutting working hours or paying fines rather than enrolling employees in health insurance plans under Barack Obama’s landmark healthcare law.

Employers are concerned that the law increases the cost of insuring employees on existing plans, partly by broadening the range of benefits. It also requires companies to insure some employees not previously covered.

David Dillon, chief executive of the Kroger supermarket chain, told the Financial Times that some companies might opt to pay a government-mandated penalty for not providing insurance because it was cheaper than the cost of coverage.

Nigel Travis, head of Dunkin’ Brands, said his doughnut chain was lobbying to change the definition of “full-time” employees eligible for coverage from those working at least 30 hours a week to 40 hours a week.

Some restaurants, including Wendy’s and Taco Bell franchises, have explored slashing worker hours so fewer employees qualify for health insurance, arguing that they cannot afford the additional healthcare costs. Other businesses are deliberately keeping headcounts below 50.

Mr Dillon said Kroger intended to continue covering all full-time employees but maintained that parts of the law were “simply not workable”.

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