Wednesday, March 24, 2010

Blog #4: Health Care On The Menu

I came across this story while looking around on the internet and it talks about the new health care bill and the new requirements placed on small businesses who dont bring in enough revenue to offer their employees health care. How are they supposed to provide or get healthcare for thier employees?
According to the story San Francisco has had an ordinance like this for over a year now and for the small bottom of the line stores an increase in costs with having to provide health insurance for empoyees. With an increase in costs for insurance its is an increase in costs for costomers and with an increase in costs for costomers means a loss in costomers and with a loss in costomers means stores are having to close doors and some for good. With stores having to close their doors it will result in an overall decrease in the revenue of the city, San Francisco is only one Example about what could happen in the future with other cities. President Obama and the Democrats who signed the bill into law dont seem to have takin into consideration about the possibilities that with the law now saying that small business owners must provide health insurance for its employees could send these small business that dont bring in alot of revenue in a downward spin due to the increase in costs for the business.
THe healthcare law has put into place many increases to smal business owners and expect the business owners who are at the "bottom of line" to be able to bring in enough revenue to be able to pay for the new costs of health insurace for employees when the businesses didnt bring in enough revenue to pay for it in the first place.
http://shawnmgriffiths.com/

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