NBC report on business owner's new plan resulting in 400% increase.... (premium, Obama)

[MUTGR]

loses old one due to Obamacare:


NBC: Small Business Owner's Premiums Increase By 400%, Existing Plan Cancelled Due To ObamaCare - YouTube


He should just be thankful for the expanded coverage, including the maternity benefits for his 59 year old wife.

[Malloric]

Yeah, I always chuckle about that. Mine is only going up by 60%, but I'd like to have my insurance back to while we're at it.

[MUTGR]

Originally Posted by Malloric

Yeah, I always chuckle about that. Mine is only going up by 60%, but I'd like to have my insurance back to while we're at it.

My group plan, for which I pay 100% of the cost as a business owner, went up 18%, so I'm lucky I guess.

This is hitting too many people too hard who can't afford this in this economic climate who yet don't qualify for subsidies.

[rbohm]

and just wait until the law fully kicks in. things are only going to get worse from here.

[petch751]

Yep, why do people think businesses were given a year delay. Obama and Democrats don't want the full letter of the law to kick in just yet. For those sitting back and laughing at those who are losing their health insurance thinking you are safe because you get employers insurance I wouldn't get too comfy.