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40, 29 and 50 September 27, 2013

Posted by hslu in Congress, Economics, Health Insurance, jobs, Obamacare.
Tags: , , , , , ,
20 comments

That’s all you need to know about Obamacare‘s impact to you if you work for a small business:

1.   You will work 29 hours per week instead of 40 in the past.

2.   Your employer will keep the headcount below the magic 50 number. No expansion. No new hires. No health insurance to you.

You are on your own starting January 2014.

A big reminder: if you do not buy health insurance from the government, the IRS will track you down. Fines. Penalties. Back taxes. You name it.

According to some estimates, IRS has hired at least 4,000 more new agents to do just that and you don’t have to worry for them. They have health insurance from the government (that’s you and me; thank you very much.) and it’s not Obamacare.

Obamacare Is reserved for us whether you like it or not.

Watch out, doctors! Your payments from the government will come down as dust settles in a year or two. You thought dealing with the insurance companies is bad. Just wait for the forms from Obamacare. You have to justify this charge and justify that procedure. You’ll have to wait for approval before operating on your patients too.

Eventually, private health insurance companies will cease to exist because they won’t make enough money when they have to compete with the almighty government.

That’s just the way it will be.

 

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