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Well even Harry Reid says his health care law needs more money because it's -- -- than he thought can you blame small business says that want no part of it.
And are suing the government for requiring them to pay -- it.
-- effectively the gist of this latest lawsuit that it's not only expensive it's illegal for the government to require already burden small businesses.
To provide health care period -- -- And represent tells businesses is the same guys who -- -- health -- law no less than the Supreme Court of the United States.
Michael good to have you the gist of this suit again that is what.
Obamacare was quite clear that if the states ran these exchanges for small businesses and individuals.
Then employers were required to offer conforming insurance to -- employees.
But if the federal government ran these exchanges -- they didn't have to quite clear on the face of the statute.
And 33 states have elected not to run it which means the federal government's running in 33 states in -- all of those states it is therefore illegal.
Two fine employers for not offer -- insurance that the Obama care demands.
And the IRS twisted the law to say just the opposite and that's what are lawsuits about.
All right now if that were to go through in other words you were to win and Tom then another.
You know leg of this rickety health care law stool is it has been sawed off here to say nothing up just a growing costs that have prompted both senators.
Reid and Max Baucus to say they're going to be more cash I mean this seems seems to be falling apart as we speak.
It's a very unwieldy -- this is what happens when you pass massive laws that nobody's of them as red.
But you have the direct consequences of our lawsuit would be that an almost two thirds of the states.
There would be no effective implementation of the central mandate of -- -- which is that.
Employers with fifty employees offer -- insurance.
And that will.
At least not one of the three legs -- -- -- three legged stool.
Now up to now a lot of those companies -- that the law stands now.
Opt not to offer insurance have to pay this fine and and many have chosen that as a cheaper alternative.
-- suits are providing insurance under the new guidelines.
On let's say you lose do you think that pattern continues.
I think it's going to be very difficult decision for any kind of business -- in the restaurant business things like that we've got a lot of young healthy people you have to buy overpriced insurance for all of them.
Rather than either reducing your workforce to under fifty -- you say paying the penalty.
I think that's as health care cost health insurance -- skyrocket.
I think it's gonna become an increasingly more difficult decision for.
Small employers to say -- we're gonna continue to.
Pay 20000 dollars a year for family of four for health insurance.
I think they might rather say will pay the penalty gives some cash to our employees and let them go out by their own insurance.
To say nothing -- just -- the regulations and and just forms and everything else associated with disaster on the one small business guy.
The other day not the ones I just sat on the show were mentioning.
-- all the forms you have to -- -- That that just yet to be a regulatory nightmare.
That's got to be built into the cost of maintaining something like that -- Oh it's huge -- -- -- consultants all over the country -- trying to work their way through the maze of obamacare it's it's paperwork but it's.
You have to make all kinds of very tough decisions about whether you can keep your existing insurance if you ever change that you can -- nine grandfathered and what can you do about things like these wellness programs and contraceptives.
And -- then in the future they're gonna have this Cadillac tax.
Cadillac plan tax coming on I think it's a regulatory bureaucratic nightmare for anybody.
Who is not offering Cadillac plan right now and you are offering satellite planned.
Both viewers the employer and you says -- -- employee.
Are going to be paying a lot more for the privilege and oh absolutely I I just the mean -- I haven't seen any realistic estimate.
That doesn't project health care cost going up from 25 to 30% in the first years of implementation.
-- but it wasn't it's out of that way when they were today and bill wasn't much.
Thank you very very much will we want to follow this very close -- Michael -- in Washington.
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