We all know who said that we need to pass Obamacare just to see what is in it. Well, they did and now 2014 is coming soon and we are finding out it is not what President Obama said it was.
One in five companies with fewer than 500 employees say they are very likely to discontinue company-provided health care coverage. Forty-three percent of companies will seek employees to pay a bigger share of their health care cost. This year, according to the survey by Mercer, a human resources and financial services consulting firm, 70 percent of those largest companies and 60 percent of those with 500 to 4.999 employees expect workers to pay a larger share of health care. Under the Affordable Care Act, Obamacare employers with more than 50 workers eventually will have to pay a fine of $2,000 for each employee if they do not provide health care coverage. Many could decide simply to pay the fine rather than pay for employees' coverage, according to the economists. So much for Obama's promise that, "If you like your health care plan you can keep it."
And now they are saying that if you belong to a union, this will not affect you. Well, this clause did not last very long as the unions are finding out now.
Just think, you trusted this man and a lot of you voted for him.