Record Number of Group Health care drops.
Imagine your self running a corporation:
Imagine yourself a CEO.
Your company is barely hanging on in today's environment, like most Corps. of today.
Uncle Sam decides to take off your hand Health Care...or more to the point...25% of your expenses. Today's Health Care Bill.
What would you do.
Watch and learn.
I predict one day after President Obama signs the bill. You will find a wholesale of corporate companies folding their health policy. I guess it will depend on how desperate the company is at first, but in the end most companies will drop group health. Most companies will fold their policies to gain a competitive edge. But. They will cite financial burden...availability of health coverage else where(i.e. Uncle Sam).
Its going to be a fun year. For all of you CEO's out there, act quick, because this fire sale will open a flood gate that will force congress to act within 6 months of enacting the Health Care Bill. Be first or be left out.
I already planning a watch the midnight Congressional vote party to try to clog the flood gates. On a more serious note. Those of you who pays good money for a great health care, and need it, or use it regularly. I am sorry, your policy is on its death bed and their ain't no life line.
The great news is: With corporate America not having to put aside 25% of its income for health Care will allow us barely compete internationally. In the end, The Irony of Obama hatred for companies will end up saving a lot of the corporations he openly despises.
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