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-   -   Economics Fallout from ObamaCare (http://www.chiefsplanet.com/BB/showthread.php?t=266669)

HonestChieffan 11-15-2012 08:51 PM

Fallout from ObamaCare
 
Talked to a dentist friend of mine today. He recieved notice from the Invisalign people (clear braces) thathey will add $50 to their lab fees as a result of the medical equipment tax under ObamaCare. My kid is over 30 so it wont impact me but Doc said he will pass it on as a line item as an ObamaCare tax so his clients know why the prices are going up.

Forward!!!

Only rich peoples kids get braces so it is probably a good thing right?

petegz28 11-15-2012 08:54 PM

This is one tax I never understood and will call out every blind supporter of Obamacare.

If the point of Obamacare was to make healthcare cheaper, WTF did they tax medical devices higher? Isn't that about as counterproductive as it can be?

lewdog 11-15-2012 08:57 PM

No totally on line with this thread but I was informed my health insurance premiums are going up $45 a month and with less coverage. Awesome.

mlyonsd 11-15-2012 09:06 PM

Quote:

Originally Posted by lewdog (Post 9122166)
No totally on line with this thread but I was informed my health insurance premiums are going up $45 a month and with less coverage. Awesome.

The fat lazy **** diabetic that thinks delivering pizzas is too much work applauds your efforts.

Comrade Crapski 11-15-2012 09:11 PM

Well at least 30 something year old career students can now get their $15 dollar tube of spermacidal lube on the dole. It's for the greater good™.


http://www.iaza.com/work/121116C/iaza13348868084500.jpg

La literatura 11-15-2012 09:42 PM

Quote:

Originally Posted by lewdog (Post 9122166)
No totally on line with this thread but I was informed my health insurance premiums are going up $45 a month and with less coverage. Awesome.

Does your company provide you with health insurance, or do you purchase it individually?

La literatura 11-15-2012 09:44 PM

Quote:

Originally Posted by HonestChieffan (Post 9122141)

Only rich peoples kids get braces so it is probably a good thing right?

Only rich people get Invisalign. The lower class losers get metal wires.

lewdog 11-15-2012 10:04 PM

Quote:

Originally Posted by Literature (Post 9122261)
Does your company provide you with health insurance, or do you purchase it individually?

You have the option to purchase it through the company, differing degrees of coverage are available based on your needs.

J Diddy 11-15-2012 10:53 PM

Well as long as we are stating shit nobody can prove in an effort to better forward our case, mine went down. Sounds like your insurance sucks.

BWillie 11-15-2012 11:00 PM

Hey... just want to make sure. When I quit my job in two years to work 10 hrs a week at the golf course, will I get completely free health care w out paying any health premium whatsoever? If so. .. Thank you Obama. That is one thing ive been worrying about when I go part time.

ForeverChiefs58 11-15-2012 11:17 PM

They're not the only ones.

Get ready to pay more for your Grand Slam.

A Florida restaurateur who operates roughly 40 Denny’s locations and five Hurricane Grill & Wings franchises in Florida, Virginia and Georgia intends to add a 5 percent surcharge to customers’ bills to offset costs from ObamaCare beginning in January 2014 when the Affordable Care Act is fully implemented.

“People are trying to find ways to avoid the penalties and to avoid having to pay for ObamaCare,” John Metz told FoxNews.com. “Everyone’s looking for a way to not have to provide insurance for their employees. It’s essentially a huge tax on all us business people.”

To further offset the costs, Metz, who oversees roughly 1,200 employees as president and CEO of RREMC Restaurants, LLC, said he also will slash most of the staff's time to fewer than 30 hours per week. That change will be announced to employees next month, he said.

“I want to explain it to everybody, to let them know what’s coming down the pike,” he said. “We like to keep our employees informed.”

The changes will force some front-of-the-house employees to look for second jobs, Metz said, but he simply cannot afford the penalties associated with ObamaCare.

“It’s a great concept,” he said. “We want to have everyone insured. The problem is, who is going to pay for it and how are we going to accomplish this?”

Under the current law, employers with more than 50 full-time (or equivalent) workers will be charged a penalty for the number of employees exceeding 30 full-time staffers who are not covered. With an average of 35 full-time employees per location, Metz said the $2,000 penalty would total roughly $70,000 per restaurant. Current coverage costs Metz up to $6,000 annually per full-time employee, he said. He currently provides coverage to about 250 employees.

“It’s going to be a big issue for all of us — for my employees and for me,” said Metz, who has been in the industry since 1975. “The ones that are working more than 28 hours, they’re going to act as if I’m cutting their hours and they’ll have to find another job.”

At Denny’s restaurants operated by Metz, the average check is $9, he said, meaning the ObamaCare surcharge if implemented would be 45 cents on that bill. At Hurricane Grill & Wings locations, where the average bill is $14.50, the surcharge would total 72 cents.

Metz said he believes the entire restaurant industry — even high-end locations — will ultimately embrace the idea.

“That is what I foresee and that is the easier, least painful way to deal with these added costs,” he said. “In a true playing field, everybody will impose this, from McDonald’s to Denny’s to even maybe the fine dining restaurants in order to have the funds to be able to pay for either insurance or the penalty for not providing insurance to their employees.”

Metz also is urging his employees to consider contacting their local elected officials in hopes of finding another solution to offset his looming increased costs.

“It’s never good news, but it is what it is,” Metz said of increasing customers’ checks. “We really should look for a better or different way to pay for [ObamaCare]. I think what we’re going to ultimately see here is a European-type system where we have a value added tax or a national sales tax.”

Metz continued: “I have a choice: try to live within the rules, or go out of business.”

In a statement to FoxNews.com, the National Restaurant Association said it’s “premature” to assess precisely how the health care law will affect individual businesses.

“We have warned for some time that the mechanics of the health care law are very difficult for the restaurant industry, which is a low-margin industry that works to keep costs down in order to provide value to customers,” said Scott DeFife, executive vice president of policy and government affairs for the National Restaurant Association. “All costs, from gas and commodities to labor and insurance, eventually impact the price on the menu. It is important that operators get very familiar with the provisions of the law and start planning for its implementation; however, it’s premature to make a specific assessment of exactly how the law will affect any individual business because there are so many details that are unknown.”


http://finance.yahoo.com/news/florid...obamacare.html

|Zach| 11-15-2012 11:20 PM

The free market doesn't work out for everyone. Be sure to blame Obama before you turn off the lights.

Good businesses succeed. Shitty ones make excuses and go away.

OmahaChief 11-16-2012 09:41 AM

Quote:

Originally Posted by |Zach| (Post 9122396)
The free market doesn't work out for everyone. Be sure to blame Obama before you turn off the lights.

Good businesses succeed. Shitty ones make excuses and go away.

Or they get bailed out.

ROYC75 11-16-2012 10:06 AM

Quote:

Originally Posted by OmahaChief (Post 9122912)
Or they get bailed out.

On the tax payers money...

FORWARD !

ROYC75 11-16-2012 10:07 AM

Maybe the next presidential election slogan should be , " REVERSE ".


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