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re: The cost of Obamacare... supporters of it.. please feel free to chime in

Posted on 4/12/14 at 1:30 pm to
Posted by MIZ_COU
I'm right here
Member since Oct 2013
13771 posts
Posted on 4/12/14 at 1:30 pm to
I wonder what that increase would be if the retailers and service industry had to provide health care?
Posted by Alahunter
Member since Jan 2008
90739 posts
Posted on 4/12/14 at 1:42 pm to
quote:

I wonder what that increase would be if the retailers and service industry had to provide health care?


Your idea would be to force private businesses and individuals to pay for benefits? Don't think that would increase costs of products and hurt the economy even more to force companies to continue to absorb increased prices due to Gov't interference? Or create larger gaps in corporate business, by driving start ups and smaller businesses out of business?
Posted by the808bass
The Lou
Member since Oct 2012
111799 posts
Posted on 4/12/14 at 1:47 pm to
quote:

I wonder what that increase would be if the retailers and service industry had to provide health care?

Retail currently makes about a 4-6% pretax profit margin. If you added back healthcare costs to that, Medicaid costs would increase a bit as retailers close and Medicaid picks up the newly unemployed.
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