As I was trying to explain before, there is no doubt that some pieces of the law represent greater cost to the insurance companies which we would then expect to see passed on to employers. There are other parts that reduce costs though (again, working with health care providers to reduce costs, and the rule about the min% of the price that needs to be paid out in premiums, increased access to preventative care, et cetera) that will turn around and lower the price. Then there are all of the different tax credits and even exemptions that employers can take advantage of. It's a complex issue, and I've yet to see any concrete numbers - I've seen estimates that say it may cost families up to $2100 per year more, and others that say it could save employers as much as $3000 per employee per year. The numbers are all over the place.
The two things I am pretty sure of:
1. Nothing has changed between Nov 5 and today. I firmly believe that CEOS and owners (who all just so happen to be republican) doing highly publicized layoffs based solely on Obama winning the election are, to put it bluntly, grandstanding.
2. I cannot imagine that, for something like pizza where it seems like it always costs something different anyway, raising the price from (for example) $12.95 to $13.10 is going to make a huge dent in sales. I just can't see it. Am I the only person who can't name, to within 15 cents, exactly what a restaurant/delivery meal for my family will cost? Like I can name a ball park range - "Around $15 bucks or $20 bucks" but I would NEVER be able to call it within 15 cents to even know if they raised the prices. Surely I'm not the only one that is that unobservant...
Last edited by Alissa_Sal; 11-11-2012 at 06:53 PM.
DH-Aug 30th 1997 Josiah - 6/3/02 Isaac 7/31/03
But to echo Alissa...what has changed in 5 days? All of a sudden, despite not knowing true costs, everyone is closing and this can blamed on NHCR?
The problems I have with that are two-fold
a) Again, I'm assuming that these decisions are being made without a lot of hard numbers since the hard numbers on projected impact are hard to come by at this point. I'm a big fan of both people and businesses making informed decisions based on actually sitting down and crunching the numbers rather than just deciding based on....gut? I guess? Over a year out and short of good strong analysis, it seems premature and purely reactionary to start firing people.
b) Even if Romney had been elected, there was no guarantee that Obamacare would have been overturned. Again, I know he promised to do it, but realistically, how? The Supreme Court already proved that they wouldn't rule it out, and Dems control the Senate, so realistically speaking, how was he going to accomplish that? Also, he himself had agreed with some of the most costly pieces (according to what he said in the debates anyway) like ensuring that insurance companies could not deny people with pre-existing conditions, so who is to say that whatever his Administration came up with would have been any cheaper, even if they had somehow magicked Obamacare away and replaced it with their own plan.
The whole thing just seems to me to based on fuzzy logic and even fuzzier numbers.
Last edited by Alissa_Sal; 11-11-2012 at 07:49 PM.
B. I agree that it is failed logic that Romney overturn Obamacare because his State also has universal healthcare. The hope was that he would try though. It was also not known before the election who would control the Senate.
Man, all I know is, I hope my company either decides they don't really need my position before they ever decide to lay me off instead of just guessing that they may not need me or that perhaps my position isn't affordable.