This is my bipartisan summit in words to my fellow business owners,
unfortunately this summit is utterly useless; because whatever I
discuss here will have no effect on the vague outcome of our countries
health care system. But I can excite you with the perks of being a
business owner on government option health care, or I can get your
hopes up and suddenly dash them; it all depends on the way the vote
swings on hill.
CURRENT HEALTH CARE Expensive: This is my first point because it's the most obvious,
health care is ridiculously expensive these days, you can literally
start a business with your yearly premium. The fraction of businesses
offering health insurance has declined by more than 50 percent.
Multiple Taxation: The U.S. government already imposes a tax on your
health care provider as a whole, which the health care provider takes
out on their customers by taxing them. But this madness does not end
here; the U.S. government also taxes small businesses, and at the end
of the month you open up your paycheck... guess who is also taxing you?
Job Lock: Employees lucky enough to receive health care feel trapped,
all their dreams of becoming their own boss usually stays a dream,
reluctant to leave their jobs in fear that they will not be able to
afford coverage.
OBAMACARE Popular known as "Obamacare" the health care reform that's causing
havoc all around Washington should be a no brainer. We all become
entrepreneurs for one reason only; which is to make money and create a
life that's a little less mundane. And as cliche as it sounds, but a dollar
saved really is a dollar earned, dollars that can be injected into the
further development of our businesses which can potentially earn us
more money; why will any business owner be against this? Apart from
the government option, this reform also puts some pressure on big
insurance companies which turns to positives for you as a business
owner:
- Affordable competition between insurance companies.
- New improved insurance exchange with multitude of plans to providecoverage at lower cost.
- Tax Credits (subject to qualification).
- No more screening for pre-existing conditions.
The main complaints about Obamacare seems to be "how is it going to be
paid for" ; Medicaid , Social Security , elevated taxes , or Obama's
back pocket...
honestly I don't care, and you shouldn't either, let the government worry
about that, after all that's what they get paid to do.