To my fellow business owners, we now must scramble

Then why is cutting it the 'solution'?

 

No they won't.
many will try and blame it on that, like they do taxes, but the truth is pure mismanagement.
It always is.

 

Ever think that "stopping spending" on education would really make us take a backwards turn in how intelligent our society is?

 

Because it would froce them to live within their budgets. Any idiot can figure that one out.

I already pay 71% of my property taxes to the bloated school system.

 

You will deal with it the the very same way you've BEEN dealing with over the last 12 or more years.
The rate of increase is much lower now than it was 4-6 years ago and if you say it isn't you are lying.
Attempting to blame this on anything or anyone other than the insurance companys themselves is disingenuous at best.
Time to man up, stop playing politics and stop trying to blame the innocent and START blaming the guilty, the insurance companys.

 

Who says they are spending more than they are provided in a budget? If they are provide a budget, which requires 71% of your income, then reducing money to them would force them to work BELOW their budget.

 

From 2004 to 2008, average increase on our policy was 12% per year. From 2009 to 2012, average increase was 32%. for 2013, we are looking at 25%. No, no increases under the current administration. Of course not.

It's not a matter of conservative or liberal, it's a matter of having owned a business, and what those cost can and will do to the business.

Until you have actually owned one, run one, and seen the costs of employees, you will never understand it.

 

are you daft? I sign the checks for our premiums. Please for the love of God stop it. So, you also have nothing constructive to add from the perspective of experience dealing with running a business. There are countless threads on this site to post your nonsense. I've asked for fact and experienced based feedback as to how others are dealing with it. For you to tell me that my premiums have not gone up more the past 2 years than previously is completely dishonest. I am not alone on that either. And, if you pay attention, the coverage has decreased as well while rates rise. You get it from both ends.

One poster suggested that she "heard" about concierge Drs. I am going to ask one of the people to look around for such a thing. Perhaps I could provide that along with a medical coverage which covers emergencies, basically catastrophic coverage with a $5,000 stop loss per person. The last thing I want to do is cut coverage entirely or let go of people. Have you been paying attention at all or do you just wish to cloud the waters with your incorrect statements?

Since you have nothing of substance to offer why not sit back and actually learn?

 

umm, craftsman. Next years premium hikes equals MORE than I was paying per person for insurance 6 years ago. Please stop the tirade. You have been misinformed through no fault of your own. You do not deal with these things and thus have no first-hand knowledge.

 

I think you've got your figures wrong.
My experience is the reverse. In fact if you remember one of the huge election issues in 2004-08 was the alarming increase of health insurance rates, which was the driving force for reform.
Check you figures again.

The BS propaganda being spewed is a matter of conservative, they are the ones doing it, and you are as well with your failed attempt at insults.

 

Obama raised your rates or the insurance company that provides your premium? And your insurance company did this to provide you MORE services or to make more money? What drives your insurance company? Profits?

[/QUOTE]

I do and that's why I don't understand your confusion. So businesses can't raise their prices a few pennies to counter act any increases in health coverage?

 

You have no idea what your rates for next year are going to be, we are still in open enrollment.
The 'tirade' that needs to stop is the one from page one.
My information is truthful and not from the GOP, you see I prefer to remain in the real world so my employees get better coverage for a better rate.

 

I see, so the truth isn't playing into your 'bash thread' so you need the truth tellers to 'shut up and go away'.
Sorry, not going to happen.

 

Ohhhhh sorry to pee on your little bash thread with truth and reason. I know how much cons hate truth and reason.
(BTW, reading comprehension will help in making your 'business' a success, I never said the rates are lower.)

 

I deal with the employee benefits on a weekly basis. My numbers are correct. As soon as the ACA was on the horizon, premiums increased a dramatic 43% for our company. The insurance companies knew they couldn't do it after the ACA passed, so they took it up front. Check with any medium (more than 50 employees) sized company, rate increases were rather dramatic across the board.

Not an attempt at insult, it's reality. Seriously, check with an employer with more than 50 employees. Trust me, you'll know when an insult comes from me.

 

i don't but offering the best advice in lieu of that..

maybe some here can provide you with some really thoughtful, productive and valuable advice but as is the case in most of these threads, you get anti-government clueless rhetoric... Everything 'federal' everything 'government' based is evil and trash.. and so not sure you can get much good advice from this group which tends to flood the forum topics.. some though, may get past this and actually give you good advice but again, best advice you'd get is from folks with EXPERIENCE in this, the Massachusetts people

 

The businesses that don't go out of business will have to make other changes to stay competitive. They will cut hours to stay below the threshold for the Obamacare mandate, they will cut staff, they will outsource more, they will raise prices on their products, etc. They will do whatever they have to in order to survive.

And you voted for it.

 

He didn't say that there were NO increases............he said the increases have slowed, which is exactly what your evidence showed for 2013(25%) compared to 2012(32%).

 

Because our education system needs to reform. It's a broken system. They can do better with less funding. Other countries have proved that.

 

"Mismanagement"? Sorry, I think business owners know more about how to manage their own businesses than you and Obama.

 

And like I implied............making changes to stay competitive is not the same as going out of business. You are moving the goal posts.

They could cut hours and possibly lose employees because they need more hours. OR, the business could increase the price of their goods a few pennies and pass on this added cost to the customers/public. Which wouldn't hurt employees at all.

 

Nope. Other countries have a better education system than us and they spend less money. The money isn't the problem.

 

please inform my insurance salesperson of that because she's already told us to be prepared. I understand that you want to believe otherwise and that's OK. It doesn't make it factual. I again implore you to sit back and learn. You only portray yourself as nothing more than a shill with your misinformed posts. All of my costs have risen and health insurance is a huge hike. I can't do anything about raw material costs, shipping costs, taxes and even pricing of competitors. I can't ask my competition to raise prices as that is collusion. So, I must control costs, manage cash as best as humanly possible, try to grow business in the face of ever increasing C.O.S. and C.O.G.S. all the while providing good products, with good service with sufficient employees.

But, being an international business, I face foreign competitors with the luxury of lower wages and regulation costs.

I am not alone. To most of us, health insurance was never on the table as potentially cutting. It is now and paying the tax penalty for not offering it is growing more appealing. Tort reform would have done wonders for lowering insurance costs but that sacred cow was never discussed.

 

Looking at PF, it would apper that spending more money on education made us take a backward turn as well.

I wonder that if anyone has put any thought into disbanding tbe grossly bloated fededal education department and placed the burden of careful, responsible funding back into local communities. Quality of education really began to take a nosedive when the now bloated education department was created, lending teacher's unions a single efficient target to point thier lobbying efforts.
.
Between that and the modern requirement for two working adults to support a family, quality of education is on the downturn.