Wednesday, August 24, 2011

The Cost of ObozoCare: Upward Bound!!

Oh, well.  CBO guessed wrong by at least 400%.  Such a shame.

The AP reports on two recent surveys of employers that shows nearly 10% are already planning to drop health coverage once Obamacare starts in earnest.

It was only a year ago that [CBO was] estimating a mere 2.5% of employers would drop coverage by 2019. Now we’re talking about 10% by 2014 with another 20% claiming to be uncertain.

The companies are mostly in the retail sector which is labor-intensive. 

HT:  VerumSerum


neomom said...

Gee, who would have thought that would happen? Oh yeah... we did.

J. Strupp said...