Employers should start shedding jobs until they get to 49 employees, as there are penalties for having 50 employees or more. More care mandated by the government without applying even the basic concepts of underwriting, giving insurance to everyone is going to start ratcheting up the costs.
Look for your premiums for 2013 to go up on average of 10-20%.
Don't worry; once the next layers of the mandates are in place for 2014, you'll look back wistfully on the 15% increase you had back in '13. Ahhh... the good old days.
8trackdisco wrote: