The unAffordable Care Act
October 22, 2012
Healthcare costs top U.S. executives' concerns: Adecco survey
By Nick Zieminski
U.S. corporate executives are more worried about providing healthcare benefits to their employees than about issues like wages, taxes or attracting qualified workers, according to a survey by the world's No. 1 staffing company, Adecco SA.
In Adecco's poll of senior executives, 55 percent named healthcare benefits as their biggest current business challenge, and about a third say they are holding back hiring because of healthcare reforms introduced by U.S. President Barack Obama.
Healthcare's prominence as an issue has risen since the 2008-2009 recession, Adecco found: in 2007, only 35 percent called healthcare their top worry.
Obama's 2010 healthcare law, upheld this year by the U.S. Supreme Court, is expected to raise insurance costs for employers because it calls for wider coverage of more people, including those with pre-existing medical conditions.
We have not even begun to pay for the "Affordable" Care Act, and we are already swimming in medical debt, as patients, families, and taxpayers for state, local, and federal government. Business leaders are simply doing the calculations earlier than all the rest of us. Do not be fooled by the 'goodies' in the Affordable Care Act, such as guaranteed coverage regardless of pre-existing condition, etc. The bill for this whopper is overwhelming and will destroy our tax base and the infrastructure of health care delivery. We must reset the discussion about health system reform by eliminating the unAffordable Care Act.
Do what you must do.
Dr. Joe Jarvis