Saturday, July 21, 2012

Negative Unintended Consequences

If not, the cost of government-mandated insurance could simply lead those businesses employing 57.9 percent of Oklahomans to drop employee coverage and take the tax hit as the cheaper option. Those workers would then be required to get coverage through either Medicaid or a health exchange. Oklahoma may not expand its Medicaid program, so scratch that idea. As we've noted, Medicaid expansion would likely divert money from schools and roads.


The federal government will provide worker subsidies, but only if you buy a policy through a state exchange, not one established by the federal government. But Oklahoma officials may not set up a state exchange. And if they do, Oklahomans will be paying federal taxes to pay themselves subsidies, which makes as much sense as anything else in Obamacare.

Read more: http://newsok.com/obamacare-a-minefield-for-workers-in-oklahoma/article/3691058#ixzz20KY3Iv8S
http://newsok.com/obamacare-a-minefield-for-workers-in-oklahoma/article/3691058

Nuff said.  This won't be pretty.

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