Ohio small businesses are about to get hit with some serious ♡bamaCare!!! sticker shock — to the tune of nearly $2,500 per employee.
The survey gathered data from 625 small businesses that are OAHU members, and the findings are staggering. A whopping 563—more than 90 percent—will see an average increase in premiums of 37.9 percent. In many cases, not only will the rates be shocking, but employees will find reduced benefits. Obamacare’s mandated metal tiers for benefits eliminate many options for small businesses, including some of the most popular options that were sold in Ohio.
More importantly, the small-group market already had all of the key protections of Obamacare. It had guaranteed issue. It had no pre-existing conditions, with the caveat that someone had prior insurance coverage. Plans provided coverage for many of the essential benefits required under Obamacare. While it didn’t limit the maximum out-of-pocket, according to Kaiser’s employee benefits surveys many of these plans carried an average of around $3,000 per person.
Compare that to Obamacare’s maximum of $6,850 per person for 2016, and it’s easy to argue that under the law employees of small businesses have lost significantly more than they have gained.
♡bamaCare!!! plans are worse for employers and worse for employees, but they’re great for everyone else.
Oh, except for doctors.
And private practices.
And state budgets — can’t forget those.
Jeez, let’s not forget the hole ♡bamaCare!!! is blowing in the federal budget, too.
But I think we all can agree that ♡bamaCare!!! has been a real boon for nosy IRS agents, pushy bureaucrats, and shady web developers.
So, good job, Mr. President!