Post by Vierotchka on Jun 6, 2013 16:30:20 GMT -5
Obamacare is actually helping small business
Published on 6 Jun 2013
David Laska, New York Republican State Committee, joins Thom Hartmann. When Obamacare first became law - there was a huge outcry on the right - over how Obamacare's "drastic costs" would be the end of small business in America. But - as it turns out - Obamacare is actually helping small business. Yesterday - small businesses in California learned that two of that state's largest insurers will have to give them more than $36 million in insurance rebates because of an Obamacare consumer protection clause "The health law forces insurers to spend at least 80 percent of the premiums they charge on paying for actual medical services, rather than administrative overhead or profits." Now - Blue Shield of California will be forced to pay back $24.5 million in rebates while Anthem Blue Cross will have to pay back another $12 million. So - isn't time Republicans stopped complaining about Obamacare - and accepted the fact that it's good for small business and America as a whole?
Published on 6 Jun 2013
David Laska, New York Republican State Committee, joins Thom Hartmann. When Obamacare first became law - there was a huge outcry on the right - over how Obamacare's "drastic costs" would be the end of small business in America. But - as it turns out - Obamacare is actually helping small business. Yesterday - small businesses in California learned that two of that state's largest insurers will have to give them more than $36 million in insurance rebates because of an Obamacare consumer protection clause "The health law forces insurers to spend at least 80 percent of the premiums they charge on paying for actual medical services, rather than administrative overhead or profits." Now - Blue Shield of California will be forced to pay back $24.5 million in rebates while Anthem Blue Cross will have to pay back another $12 million. So - isn't time Republicans stopped complaining about Obamacare - and accepted the fact that it's good for small business and America as a whole?
