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Re: SOROS post# 86874

Saturday, 10/19/2013 5:39:04 PM

Saturday, October 19, 2013 5:39:04 PM

Post# of 122337
Your talking as if this is something that affects all employers when it really applies to only a few. The number of employers with more than 50 employees is relatively small. Those with fewer than 50 employees can qualify for federal tax credits under ACA to make up for any increase in premium if they have employees with an average salary below $25,000. They also are not subject to the penalties.

Companies with more than 50 employees are relatively large and should be able to absorb the additional costs. Most of them are already contributing 85% or more. If they do drop their sponsored coverage because they have low wage workers then their workers will in most cases be better off getting ACA subsidized coverage. Then there's the not so small issue of all of these people with subsidized premiums having thousands of dollars more in disposable income to stimulate economic activity and increased employment.

You're grabbing at straws to make your argument to eliminate the ACA.

Les

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