White Castle just announced that 55% of it’s net income in 2014 will be eaten up by increased costs, fees, and fines thanks to ObamaCare. The company now pays 70%-85% of the employee health insurance premium. ObamaCare forces employers that don’t pay at least 90.5% of the premium to pay a $3000 penalty per employee. White […]
President Obama and Peter Orszag said many times before the new law was passed that cutting health care spending will actually make people healthier. The reasoning is that by cutting out ineffective treatments and standardizing care that works, many will be healthier. We were told that there is a lot of waste in health care, […]
The accounting firm of Price Waterhouse interviewed 700 actuaries and employers, asking if they planned on raising their group health insurance premiums, or expected a rise in costs in 2011, https://higginscompanies.com/faq/group-health-insurance-faq%e2%80%99s/. The report suggests that premiums will rise by 9%. For the first time ever deductibles will be $400 or higher. Still seems very low […]
