Friday, June 29, 2012

Speaking of fine messes

As the ObamaTax kicks into high gear heading into its full implementation in '14, it doesn't take a Nostradamus to foretell the consequences. Indeed, some are already making themselves rudely obvious:

"The next year is one massive scramble for employers to implement the [ObamaTax] now that it’s been upheld, and not all the regulations businesses need to follow have been written."

Most of these will affect businesses with 50 or more employees (ouch!), which means a lot of small to mid-sized firms have to be thinking "why do I need this headache?"

Here in the Buckeye State, the [Evil] Mandate ObamaTax may cost north of "$940 million in 2014 and 2015 based on the 400,000 people in the state who are eligible for Medicaid but are not enrolled"

Of course, Gov Kasich could just go all Walker/Jindal here. Good times, good times.

Finally (well, for now):

"The [Deloitte Center for Health Solutions] is set to release a study that says the number of businesses offering coverage – 130 million – could be cut in half during the next decade"

Told. You. So.

[Hat Tip: FoIB Holly R]
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