posted on Jun, 29 2012 @ 10:49 AM
Healthcare per person is hugely expensive. To say the cost will drop because you're treating twice the people, is like dot-com companies say, 'We
lose money per transaction, but we make up for it in volume'.
Throw in the fact that fewer people will pay for healthcare, means that those paying for it have to pay more. The cost of healthcare is already
rising. If employees are not paying for it, the employers are. If employers choose not to provide it due to high costs, they pay a fine (lower than
healthcare cost). If the employees don't get healthcare from their employer, they have to pay for it out of their pocket or pay a fine.
I'm planning on starting another business, and there are 20 new taxes I need to consider out of the Obamacare act. This is an external factor that
can kill my business before it even starts. It certainly affects how I plan to scale, and to what size (how many people I employ). The cash I would
draw from the business is what might be left over and for the first couple of years it would be less cash than if I had a normal job (another decision
factor to even start it. The amount of cash left over that normally would have been used to hire people would be used to pay taxes, so my strategy
would need to include fewer employees.
The passage of the Act has already reduce my hiring plans. It makes me wonder how businesses with existing employees will handle the high costs.