New York Times.....More small business drop insurance coverage

[Drumcollie]

For nearly 20 years, Keith Perkins offered health insurance to employees of his small electrical contracting company in Greencastle, Pa., and footed most of the bill. This year, with the arrival of the Affordable Care Act’s insurance marketplace, he decided to stop.

Mr. Perkins, who is 54, did the math and calculated that most of his employees, who are spread across Maryland, West Virginia and Pennsylvania, would come out ahead if he dropped his group policy and let them buy insurance individually through the new federal and state exchanges

http://finance.yahoo.com/news/dropping-health-plans-pick-better-170835616.html

lets get this right...nobody comes out ahead on the exchanges

let's look at Mr. Perkin's business model here in this weeks healthcare breakdown:
18 employees

2 employees will think they have enrolled and not because the information wont go through

3 will have their information stolen and used to create phony credit accounts

Mr. Perkins will pocket 600.00 plus per employee...10,800 per month plus in his pocket 129,600 plus per year....equivalent to buying a new Audi R8 every year.

7 will opt to pay the fine because they cant afford the 10,500 deductible.

And the last 6 they bought insurance at a much higher rate with a much larger deductible...they must now hope that they dont ever have to use their insurance.

and that is your healthcare breakdown

 

[fairsheet]

http://finance.yahoo.com/news/dropping-health-plans-pick-better-170835616.html

lets get this right...nobody comes out ahead on the exchanges

let's look at Mr. Perkin's business model here in this weeks healthcare breakdown:
18 employees

2 employees will think they have enrolled and not because the information wont go through

3 will have their information stolen and used to create phony credit accounts

Mr. Perkins will pocket 600.00 plus per employee...10,800 per month plus in his pocket 129,600 plus per year....equivalent to buying a new Audi R8 every year.

7 will opt to pay the fine because they cant afford the 10,500 deductible.

And the last 6 they bought insurance at a much higher rate with a much larger deductible...they must now hope that they dont ever have to use their insurance.

and that is your healthcare breakdown

I guess I'm missing the point here. If the dude figured out that they could get a better deal on insurance themselves, as opposed to through him, and he subsidized them in doing so.......What's the problem here?