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I do now do you think obamacare will only affect the businesses that fall.
Under fifty -- fifty person winner won't when he got to think again because our next guest is telling us how he's gonna get hit by the way he's only got six employees.
Doctor Kenneth Bacon the -- now.
He's the veterinarian and I'll let Iran get -- how cool it is to -- that would have named doctor bacon but but first let's talk about obamacare because President Obama said.
The small business concerns were were irrational since only 3% of small businesses.
We'll be impacted by obamacare you're saying that's not true.
That's not true we fall -- -- under the fifty person limit that obamacare supposed to kick him but my HMO coverage plan.
Is now telling me next year that I can expect my premiums to rise by between fifty and 100%.
That's the biggest increase I've ever seen.
In the time that I've had a plan last fifteen plus years I've had a health plan what's the reason why I find that.
What -- why -- -- up up to a 100% would it why it why is that are they telling you why.
They're not telling me why they're telling me their costs have risen dramatically.
My suspicions are that a lot of expensive provisions have been putting and and have not yet have been paid for so the premiums have to rise to be able to pay for them.
What does this do to your I -- I have to tell you just off the -- The affordable health care act has to be one of the biggest misnomer -- -- any legislation -- recent times coming about a -- but but what does it do now you've got six employees I'm sure like any small businessperson.
You want to grow your business how much does this hamper that -- right.
-- -- -- a lot.
I'm not sure will be able to continue offering a plan that we have to our employees.
We have an HSA plan which we found to be very flexible and very useful for -- purposes are.
Employees have a lot more options to use their HSA money for.
A variety of different kinds of healthcare and I'm told that Obama -- may in fact make -- HSA plans go away completely instantly actually have less coverage.
Have you or anybody else in your field considered -- employees you know what this is really tough health reform.
We can't afford our coverage anymore.
You may want to consider the state exchanges have you heard anybody doing that any small business and -- yourself considering that.
We haven't taken a look at that yet.
I think that's coming and probably there will be.
Talk along those lines as it becomes more real I think the complexity of this law has just made it really hard to plan for.
I don't know anybody anybody I know regardless of political affiliation our belief.
That understands this law I don't think Nancy Pelosi understands this -- still.
You know doctor -- can you just talked about people you know from both sides of Al political belief.
Do you find people that really were pretty gung ho about it starting to say gosh maybe we made a mistake.
The idea -- no the people that I can talk to that still have an open mind I think.
They're starting to question.
A lot of the reality of the nuts and bolts of this was not made clear in a lot of people have no idea.
How it's going to be implemented what impact is going to be what the costs are going to be.
It's a huge wild card and so I think as those reality -- -- home.
I think a lot more people are going to start understanding this was not really the solution we are looking for.
Well you know again a silver lining is that when people to other dogs were gonna go see doctor bacon this our wagon -- the okay now we're gonna come I'm not so sure that's true people they don't pegs.
They're not so keen on.
-- that has nothing about it but I think -- thanks a lot doctor bacon we wanna talk about this more because we were told he.
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