A capitalist betrays class unconsciousness in writing to Zerohedge on behalf of his employees about the way Obamacare is transforming the working class into the subservient class:
My company, based in California, employs 600. We used to insure about 250 of our employees. The rest opted out. The company paid 50% of their premiums for about $750,000/yr. Under obamacare, none can opt out without penalty, and the rates are double or triple, depending upon the plan. Our 750k for 250 employees is going to $2 million per year for 600 employees.
By mandate, we have to pay 91.5% of the premium or more up from the 50% we used to pay. Our employees share of the premium goes from $7/week for the cheapest plan to $30/week. 95% of my employees were on that plan. Remember, we used to pay 50% now we pay 91.5% and the premiums still go up that much!!
The cheapest plan now has a deductible of $6350! Before it was $150. Employees making $9 to $10/hr, have to pay $30/wk and have a $6350 deductible!!! What!!!! They can’t afford that to be sure. Obamacare will kill their propensity to seek medical care. More money for less care? How does that help them?
Here is the craziest part. Employees who qualify for mediCAL (the California version of Medicare), which is most of my employees, will automatically be enrolled in the Federal SNAP program. They cannot opt out. They cannot decline. They will be automatically enrolled in the Federal food stamp program based upon their level of Obamacare qualification. Remember, these people work full time, living in a small town in California. They are not seeking assistance.
People constantly seem to be surprised to learn that politicians lie. I’m a little surprised to have to so often remind grown men and women that sometimes people say things that are not true. And they say things that are not true on a regular basis.
The American people were told that they had to bail out the banks to prevent the economy from collapsing. That wasn’t true. They were told that the various measures to stabilize the housing market were to help mortgaged homeowners. That wasn’t true. They were told that the Affordable Care Act was to help the uninsured and make insurance more affordable. That wasn’t true.
Are you starting to notice a pattern here? The reason provided by politicians to justify their actions are seldom related to the real motivations. This is particularly true when the reason given is “helping people”. While it is true certain people are being helped, it is almost never the people who are identified as the official reason.