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SportTrac Discussion
General Sport Trac Discussion
Obama Care
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<blockquote data-quote="Thomas Rogers" data-source="post: 996776" data-attributes="member: 60724"><p>Jupton3,</p><p></p><p></p><p></p><p>It might be cheaper for big companies to not offer health insurance and pay the penalties, but do you really see that happening? In most cases nothing other than competition with other employers for employees is forcing big companies to provide health insurance today. In other words, to provide a competitive, expected set of benefits, larger companies provide health insurance to employees, lest they don't attract/retain the employees they want.</p><p></p><p></p><p></p><p>I don't see the mandated coverage changing that.</p><p></p><p></p><p></p><p>Therefore, the mandate and penalities will hit smaller companies that typically don't offer insurance largely because they don't need to, no one is expecting them to, and they really cannot afford to, to now provide coverage. For those companies, coming up with another $2,000 in sales for all FT employees so that they can pay the penalty will be very, very difficult...and hit them hard.</p><p></p><p></p><p></p><p>TJR</p></blockquote><p></p>
[QUOTE="Thomas Rogers, post: 996776, member: 60724"] Jupton3, It might be cheaper for big companies to not offer health insurance and pay the penalties, but do you really see that happening? In most cases nothing other than competition with other employers for employees is forcing big companies to provide health insurance today. In other words, to provide a competitive, expected set of benefits, larger companies provide health insurance to employees, lest they don't attract/retain the employees they want. I don't see the mandated coverage changing that. Therefore, the mandate and penalities will hit smaller companies that typically don't offer insurance largely because they don't need to, no one is expecting them to, and they really cannot afford to, to now provide coverage. For those companies, coming up with another $2,000 in sales for all FT employees so that they can pay the penalty will be very, very difficult...and hit them hard. TJR [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Obama Care
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