Obama -- 1, Sick People - 0 - Forbes: The effects of The Patients Protection and Affordable Health Care Act have begun and Empire Blue Cross Blue Shield confirmed recently that they will eliminate most Small Group Health Plans in New York effective April 1, 2012. In addition, they will be slashing incentives for brokers to sell those products.
Hmmmmm.. What have we here:
1 .Major State in the US economically and business wise.
2. Major Private Health Insurance Carriers killing the good programs and leaving the costly and/or bad ones.
3. Brokers and Consultants now cannot make a living to help business owners with choice
4. Another Government Law mandating pricing controls like in the PPAHCA which says the premium taken in can only be used for a small percentage of cost with the lions share going to claims. This limits profits and increases risk of loss.
Is it clear to you all yet that the Patients Protection and Affordable Health Care Act is BAD and will create havoc amongst Small Businesses owners and their employees at a time where it is disastrous?
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