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Obamacare Fallout

May 6, 2010

Here are two issues that some opponents of Obamacare brought up and were told they were using scare tactics and myths. I suppose not.

First, some companies are weighing whether it is more affordable to provide health insurance or to just drop coverage and pay the penalties. I can’t imagine the insurance would be cheaper, so some companies will drop coverage. Oh, and these aren’t small, unknown companies either. AT&T, Verizon, John Deere, and Caterpillar are all looking at this option.

Second, some medical device companies are considering layoffs. They are trying to save money due to new taxes and fees imposed by Obamacare.

Obamacare is a bad idea. The evidence is mounting.

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From → Obamacare, Politics

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