That health insurance reform pushed by that ‘communist’ in the White House may be a blessing to the business community. Too bad that the Chamber of Commerce fought so hard against the reforms because it appears that small businesses will reap great financial rewards from not having to cover their employees. The $2K fine is cheaper.
The Columbus Dispatch yesterday reported:
The new health-reform law promises to penalize companies with more than 50 workers that don’t provide employee health insurance.
But the hit – $2,000 a year per worker – would cost less than providing health insurance. Some worry that employers would rather pay the fine than pay the insurance costs.
The average annual individual employee premium last year was $4,824, and for families, $13,375, according to the Kaiser Family Foundation. Employers typically pay 73 percent to 83 percent of those costs.
So much for ‘communism’ or even socialism for that matter.
Now, what’s that cute Tea Party jingle again= the one about the communist living in the White House?