Read the whole list ..... and then the comments.
I'll pull just one comment from the article:
We have 14 employees in our business with a payroll of about $500,000. The cost of providing insurance for all of them is about $51,000 a year. If we opt not to insure them we would pay an excise tax of 2% of $500,000. In other words $10,000. We could save $41,000 by not insuring them. We won't do that to our employees but there are plenty that will and who knows about us if things get really tight. So off they go to the "public option". "If you are happy with your insurance right now you can keep it ..." yeah, right, provided your employer doesn't dump you into the public option.And that's the point .... getting us off private insurance and on the government is the ultimate goal.
Thursday, October 29, 2009 8:22 PM
I'm not sure we'll make it .... h/t protein wisdom.
pm
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