Tuesday, November 13, 2012

Cost of Obamacare: Walmart Employees Healthcare Costs Skyrocket



Every day since the election, it seems as though there is a new story about the effects of Obama’s policies on Americans. Today, yet another new story came out detailing the destructive consequences of Obamacare and Obama’s socialist policies.

First, it was Applebee’s and Papa John’s, then it was small business layoffs, now it’s food stamps and Walmart employee healthcare costs. According to cnbc.com:

“Wal-Mart Stores’ U.S. employees will pay between 8 percent and 36 percent more in premiums for its medical coverage in 2013, prompting some of the 1.4 million workers at the nation’s largest private employer to say they will forego coverage altogether.”
 In addition to this, part-time employees will have to work 30 hours a week instead of the previous 24 hours in order to qualify for coverage. Walmart is taking these measures–as well as others–in order to adjust for the costs of Obamacare.

According to cnbc.com,

“Colby Harris, a 22-year-old…was set to see his cost per paycheck rise to $29.60 from $25.40. He says he has decided not to sign up for coverage. Given his low income, as Harris foregoes coverage any major medical bills could potentially fall to taxpayers through the government’s Medicaid program.”

 What is happening here is exactly what I expected would happen. Obamacare has already begun to drive up the costs of healthcare. The money for healthcare has to come from somewhere. Whether it is being funded through our taxes or through fees on businesses, the cost is still passed on to the consumer.

In the end, what does that accomplish? Proponents of socialized healthcare argue that it is for the good of everyone; that this way, everyone can have “quality coverage.” What we see in reality is higher taxes, fees on businesses, and in the end, bankruptcy and diminished quality of care. This is obvious to anyone who has researched Canadian or European style healthcare, but flies over the heads of many Americans.

There are many ways by which the cost of healthcare can be reduced: cross-state insurance sales, Tort reform, means testing, etc. So what is the true interest in socialized healthcare? It’s a power grab. It is a way for the government to have more control. The Left believes that the government is the solution, when in reality, it damages and ultimately kills everything it gets its hands on. Obviously, government is necessary, but it must be reigned in.

We may have crossed a threshold with this election. If Obamacare grows roots, it will challenge and ultimately drain the life from our economy. We chose the wrong path, and it’s going to take a while to find our way back. But it’s never to late. The next two to four years may seem like an eternity to wait, but Conservatives must persist, and never lose enthusiasm

I’ll leave you with one of my favorite quotes by F. Scott Fitzgerald: “Never confuse a single defeat with a final defeat.”

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