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Questions: i own a small business with 17 employees?This forum post has messages dated from 08/14/10 through 09/04/11, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it. - Small Business Insurance
| Questions: i own a small business with 17 employees? and i provide health insurance benefits. I currently pay 70% of the employee premium and 35% of dependant coverage. am i required to provide insurance for my employees? Can i simply tell them i am no longer going to offer insurance? Will obama care fine me for not offering the insurance? |
#1Des Moines, Iowa   | "Obama Cares"
Obama Cares for you. I think this would fit more under his concepts:1) Close your business 2) Go on walfare 3) Let your employees collect unemployment 4) When that runs out, they can go on welfare After the completion of all 4 steps, you'll have let Obama care for 18 more people! |
| I am pleased to know that there are already a lot of companies which have applied for small business insurance. I think it is really helpful most especially for many businessmen who also give benefits to their employees, despite the small number of people employed. Providing adequate insurance for the business is a big advantage that will help the business in time of difficulty. Thanks and great day to all. |
| I think that it is really important that small business will get or avail of this Small Business Insurance. It is very important so that our employees will be able to get the advantages or benefits that they deserve. I suggest that you get these insurances for your 17 employees. You will be thankful for doing so. This will not only benefit them but you as well. Good luck to you! |
| Three Cheers for Brad's definition! I can see that many people aren't in favor with many of Obama's policies and name them socialistic and morally destructive. And there is a certain element of destructiveness in easy welfare. People are too much inclined to be lazy, to take the easy route. Even in wishing to avoid supplying health insurance to your employees. Though I'm sure your motives are right in some respects, as in wanting to better provide for your family, wanting to provide less care for your employees who in principle should be considered as family, is, in essence, an easier route. |
| Yup, I think Obama care will put you out of business if you stop offering insurance. Since your employees are unionized, they will surely do something to file a protest against you. Do you really want that to happen and ruin your reputation? Diminution of benefits is not really a good practice in businesses because it reflects on the employer's disregard for employee welfare. If you want to change one benefit, you have to offset it with another one. |
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