The insurance companies and the GOP are in full spin mode when it comes to Obamacare.
“Americans all over this country are suffering because of Obamacare,”Sen. Ted Cruz (R-Tex.) said last month. “It is the single biggest job killer in America.”
Ted Cruz’ PAC contributions 2007-2012
“Health professionals” was 9th on the list of Cruz’ list of top industries’ donation list in 2011-2012 alone.
To clarify, here is what the law requires:
All firms that employ 50 or more full-time workers — or the equivalent in part-time workers — must provide health-care coverage to all of their full-time employees. If they do not, starting in 2015 the government will assess a fine based on the number of employees the businesses have. The fear is that companies on the cusp of hiring their 50th full-time employee might hold back. Other businesses might try to cut their employees’ hours.
How many mom-and-pop small businesses do you know of that employs 50 or more full-time employees? You can’t know very many because the truth is that this new law will only effect 3% of “small-businesses” in the United States. Just 3%, and out of that 3% only about 1% of the businesses will actually be effected since 2% of them already offer health insurance to their employees.