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Interesting article on opportunity costs of ObamaCare
#8

Interesting article on opportunity costs of ObamaCare

Quote: (10-22-2012 08:09 AM)ElJefe Wrote:  

Quote:Quote:

As first reported in the Orlando Sentinel, Darden Restaurants -- owners of about 2,000 outlets including the Red Lobster and Olive Garden chains -- is studying ways to shift more employees under the 30-hour ceiling. About three-quarters of its 185,000 workers are already under, says spokesman Rich Jeffers. The question is "can we go higher and still deliver a great [eating] experience." The financial stakes are sizable. Suppose Darden moves 1,000 servers under 30 hours and avoids paying $5,000 insurance for each. The annual savings: $5 million

http://www.realclearpolitics.com/article...15851.html

This has already been happening well before the Affordable Health Care Act - companies reducing hours, hiring temps or freelancers to avoid paying benefits.

In fact this is an argument in favor of having some type of "public option", that the employer based insurance system is a failure and leaves too many people uninsured. It's old fashioned and doesn't serve a dynamic economy where people are much more mobile than they were in the past. People are fearful to move, change jobs, or to take risks.. like to quit a job with benefits to open a business because of lack of health insurance.

If any of you get sick and lose your job/health insurance, you will not be able to buy individual health insurance without the affordable healthcare act.

On 60 Minutes, Romney said you can just call an ambulance and go to the emergency room (whether you have cancer or whatever). By the way, guess who pays for that? Taxpayers.
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