Off-Topic: Obamacare is not a drop in the bucket!

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	Name:	MartiniMan -
	Subject:	Obamacare is not a drop in the bucket!
	Date:	11/16/2010 8:43:50 PM

As a small business owner I can tell you Obamacare is a huge portion of the bucket and not a drop. Getting the economy going means improving on the employment picture. As long as small businesses, the number one job creator in the economy, are uncertain about the future impact of Obamacare and are already experiencing significant additional costs for health care coverage they will not hire.

Study by Willis Corroon that I saw at a CEO conference projected Obamacare would add an additional 6% to 12% to your annual premium hike. As I stated in another post I had a 14% increase this year despite a loss ratio of 77 and the explanation was Obamacare. At this rate my health insurance costs will double every 4.5 years. I simply will not be able to offer coverage at some point in the next 3 to 4 years. Its either that or profits but not both. And if you tell me I have no choice I will simply shut it down and lay off 200 people. I am not going to personally guarantee my line of credit and work 60+ hours per week to run a non-profit. You think that's fanciful, just watch if this legislation is not repealed and replaced.