New Obamacare provision in effect today

[joeydb]

Originally Posted by Riot

Two years, this law has been around, and still the factual ignorance of it's provisions is stunning.

Less than 1% of businesses will eventually have to pay fines, and those will be businesses over 50 employees, who can afford to provide health insurance but choose not to.

You know, where it would be cheaper for them to provide the health insurance than pay a fine?



Except the law makes insurance less expensive and money-saving for them.

You actually BELIEVE that? Please. There are very few laws that lower costs of anything. They almost always raise costs by placing requirements on the product itself or the way of doing business. Because, guess what - the businesses always want to maximize profits and ipso facto are already putting a premium on efficiency - unlike the government with regard to its own affairs.