Monday, October 25, 2010

Should I Feel Assured?

Today's AJC carries the Associated Press report on how companies are considering the possibility of backing away from the health care benefit. Something the White House does not acknowledge or accept as a possibility.
Companies do what is best for their economic interests, if paying the fines and risking employees departures is judged as the best path, they will do it. The government would have to pass a law making it illegal for companies to desist. You know, kind of like how Congress is floating the ideas of a moratorium on foreclosures. As usual, they have imposed their ideas over valid warnings and will punish those that their to protect their interests.
Copied from the article....
"The absolute certainty about the Affordable Care Act is that for many, many employers who cover millions of people, it increases the incentives for them to offer coverage," said Jason Furman, an economic adviser to President Barack Obama.
These folks are ignorant, and I do not mean that in a name calling way, they are ignorant of the potential effects of their actions. Those effects are (borrowing from Reverend Wright, and before him Malcolm X) coming home to roost.

Employers looking at health insurance options  ajc.com

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