Monday, October 26, 2015

In Latest Obamacare Fiasco, Most Low-Income Workers Can't Afford "Affordable Care Act"

http://www.zerohedge.com/news/2015-10-26/latest-obamacare-fiasco-most-low-income-workers-cant-afford-affordable-care-act

Billy Sewell began offering health insurance this year to 600 service workers at the Golden Corral restaurants that he owns. He wondered nervously how many would buy it. Adding hundreds of employees to his plan would cost him more than $1 million — a hit he wasn’t sure his low-margin business could afford. His actual costs, though, turned out to be far smaller than he had feared. So far, only two people have signed up. “We offered, and they didn’t take it,” he said.

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