Companies announce layoffs in the wake of Obama’s re-election

The Washington Times links to this article by Freedom Works.

Excerpt:

 With 20 or so new or higher taxes set to be implemented, ranging from a $123 billion surtax on investment income, through the $20 billion medical device tax, all the way down to the $600 million executive compensation limit, Obamacare will be a nearly unbearable tax burden on the economy.

Who will pay?  The middle-class workforce, of course.

So with another four years for President Obama to look forward to, and the obvious inevitability of Obamacare that this entails, let’s examine the very real jobs that will be lost, and the very real lives that will be affected.

Here are some of the companies impacted by Obamacare:

Welch Allyn

Welch Allyn, a company that manufactures medical diagnostic equipment in central New York, announced in September that they would be laying off 275 employees, or roughly 10% of their workforce over the next three years.  One of the major reasons discussed for the layoffs was a proactive response to the Medical Device Tax mandated by the new healthcare law.

Dana Holding Corp.

As recently as a week ago, a global auto parts manufacturing company in Ohio known as Dana Holding Corp., warned their employees of potential layoffs, citing “$24 million over the next six years in additional U.S. health care expenses”.  After laying off several white collar staffers, company insiders have hinted at more to come.  The company will have to cover the additional $24 million cost somehow, which will likely equate to numerous cuts in their current workforce of 25,500 worldwide.

Stryker

One of the biggest medical device manufacturers in the world, Stryker will close their facility in Orchard Park, New York, eliminating 96 jobs in December.  Worse, they plan on countering the medical device tax in Obamacare by slashing 5% of their global workforce - an estimated 1,170 positions.

Boston Scientific

In October of 2009, Boston Scientific CEO Ray Elliott, warned that proposed taxes in the health care reform bill could “lead to significant job losses” for his company.  Nearly two years later, Elliott announced that the company would be cutting anywhere between 1,200 and 1,400 jobs, while simultaneously shifting investments and workers overseas – to China.

Medtronic

In March of 2010, medical device maker Medtronic warned that Obamacare taxes could result in a reduction of precisely 1,000 jobs.  That plan became reality when the company cut 500 positions over the summer, with another 500 set for the end of 2013.

Obamacare encourages companies to limit their number of full-time employees by switching to part-time employees. Some companies are doing that to avoid having to pay Obamacare fines.

Look:

Darden Restaurants

According to the Orlando Sentinel, Darden Restaurants, a casual dining chain best known for their Red Lobster, Olive Garden and LongHorn Steakhouse restaurants, is “experimenting with limiting the hours of some of its workers to avoid health care requirements under the Affordable Care Act when they take effect in 2014″.

JANCOA Janitorial Services

The CEO of JANCOA, Mary Miller, testified to Congress that Obamacare was a “dream killer”, adding that one option she had to consider “is reducing the majority of my team members to part-time employment in order to reduce the amount that I will be penalized.”

Kroger

The American retailer in Cincinnati, Ohio recently was reported to be planning a significant slashing of their hourly workers.  Doug Ross writes:

Operative Faith (a mid-level manager with the company) reveals that Kroger will soon join the ranks of Darden Restaurants and slash the hours of its non-exempt (hourly) workers to avoid millions in Obamacare penalties.

According to the source, Obamacare could result in tens of thousands of Kroger employees being limited to working 28 hours per week.

And of course there are the layoffs by defense companies like Boeing, because of Obama’s defense cuts. The one thing that the government is actually supposed to do – that’s the thing he cuts.

The effects of Obamacare were well-known before the 2012 election took place. But the Democrat voters were just not paying attention when the voted to re-elect Obama.

Filed under: News, Costs, Coverage, Employee, Employer, Full-time, Health Care Reform, Health Insurance, Health-care, Inflation, Insurance, Jobless, Jobs, Layoff, Layoffs, Medical Device, Medical Insurance, Obamacare, Part-Time, Premium, Prices, Taxes, Unemployment

Why do some people oppose Obamacare? What does Obamacare do?

Investors Business Daily explains what you should know about Obamacare.

Excerpt:

Despite repeated promises that the more we knew about ObamaCare, the more we’d like it, the law has never been less popular. Just 38% now approve of it, down from 46% when it passed in March 2010, according to the latest Kaiser Family Foundation survey.

But unless voters defeat Obama on Tuesday, they’ll never get rid of his disastrous “reform.” Even before ObamaCare takes full effect, its damage is evident.

Insurance premiums, which Obama promised to slash $2,500 by the end of his first term, have climbed 14% since the law went into effect. Nearly six in 10 doctors say ObamaCare has made them less positive about the future of health care in America, and almost two-thirds say they’d retire today if they could, according to a Physicians Foundation survey.

Businesses are holding back on hiring, or are shifting workers to part time because of ObamaCare’s looming coverage mandate. Darden Restaurants, for example, has stopped offering full-time schedules at several of its popular eateries “to help us address the cost implications of health care reform.”

This is only one of the horrors ObamaCare will unleash if fully implemented in 2014. Among others:

• ObamaCare will force as many as 20 million workers into government-run insurance exchanges after their employers drop coverage, according to the Congressional Budget Office.
• More companies will follow Darden’s example, refusing to schedule workers more than 30 hours wherever they can to avoid the coverage mandate.
• Insurance costs will explode. Even ObamaCare’s fans admit that its benefit mandates, marketplace rules and bans on coverage caps will force premiums to skyrocket. Jonathan Gruber, who helped design ObamaCare, says the law will add 30% to premiums in the individual market in the states he’s studied.
• Doctor shortages will reach 90,000 in about a decade, according to the Association of American Medical Colleges.
• Seniors will find it increasingly difficult to get treatments, as ObamaCare’s deep Medicare payment cuts cause one in six hospitals to become unprofitable and still more doctors to refuse to see Medicare patients.
• Even when a patient does get to see a doctor, ObamaCare will intrude, using the law’s “Patient-Centered Outcomes Research Institute” to create top-down rules for what doctors can prescribe for any given ailment.
• ObamaCare’s vast new taxes — including a crippling $20 billion surtax on the medical device industry and a $123 billion surtax on investors — will slow down medical innovation.
• And when these and dozens of other new taxes fail to cover ObamaCare’s massive 10-year $1.76 trillion price tag, everyone will suffer a bigger tax bite.

Not to mention the fact that ObamaCare will, for the first time in our nation’s history, force people to buy a government-approved product, setting a frightening new precedent for federal intrusiveness.

Here are a few articles that I have been using lately to inform people about the problems with Obamacare:

• Heritage Foundation: Obamacare Raises Taxes on 3 Million Middle-Class Americans
• Cato Institute: ObamaCare’s Cost Could Top $6 Trillion in first 10 years
• Life News: Obamacare is pro-abortion and pro-government controlled rationing
• Heritage Foundation: The 3 Biggest Ways Obamacare Kills Jobs
• Investors Business Daily: Obama’s Broken Health-Premium Savings Promise
• Reason: Obamacare will lead to longer wait times and crowded emergency rooms
• Doctor Patient Medical Association: 83% of doctors contemplating quitting over Obamacare

It’s important to understand that people who oppose this law don’t oppose because we are just being contrary. Obama’s health care plan has the goal of destroying private medicine and putting everyone into a single-payer system like Canada’s. It’s not good for us to be waiting in line for MRIs for months and months, or even years and years. NO.

Today is our last chance to vote against this heinous law that will reduce the supply of doctors, drugs, medical devices and health care, while raising the costs of health care. I beg you to get out there and vote against Obama’s health care monstrosity. And if you have already voted, then get on your knees and pray that Obama loses this election.

Filed under: Commentary, Costs, Coverage, Employee, Employer, Health Care Reform, Health Insurance, Health-care, Inflation, Insurance, Medical Insurance, Obamacare, Premium, Prices

The full list of Obamacare tax hikes in order from largest to smallest

From Americans for Tax Reform.

Here are two on the list that would affect me personally:

$65 Billion: Individual Mandate Excise Tax and Employer Mandate Tax (Both taxes take effect Jan. 2014):

Individual: Anyone not buying “qualifying” health insurance as defined by Obama-appointed HHS bureaucrats must pay an income surtax according to the higher of the following

1 Adult	2 Adults	3+ Adults
2014	1% AGI/$95	1% AGI/$190	1% AGI/$285
2015	2% AGI/$325	2% AGI/$650	2% AGI/$975
2016 +	2.5% AGI/$695	2.5% AGI/$1390	2.5% AGI/$2085

Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS). Bill: PPACA; Page: 317-337

Employer: If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees.  Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

(Combined score of individual and employer mandate tax penalty: $65 billion)

$60.1 Billion: Tax on Health Insurers (Takes effect Jan. 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year.  Phases in gradually until 2018.  Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

I just got the note from my employer today that all our health care plans are more expensive next year. Because of Obamacare.

When you tax employers and health insurers, the cost of health insurance goes UP. That’s why health insurance premiums are up $3000 since Obama took office. We know this, people. Don’t re-elect someone who lowers your take home pay, puts your job in jeopardy, raises the costs of health care and decreases the quality of health care.

Here are a few articles that I have been using lately to inform people about the problems with Obamacare:

• Heritage Foundation: Obamacare Raises Taxes on 3 Million Middle-Class Americans
• Cato Institute: ObamaCare’s Cost Could Top $6 Trillion in first 10 years
• Life News: Obamacare is pro-abortion and pro-government controlled rationing
• Heritage Foundation: The 3 Biggest Ways Obamacare Kills Jobs
• Investors Business Daily: Obama’s Broken Health-Premium Savings Promise
• Reason: Obamacare will lead to longer wait times and crowded emergency rooms
• Doctor Patient Medical Association: 83% of doctors contemplating quitting over Obamacare

It’s important to understand that people who oppose this law don’t oppose because we are just being contrary. Obama’s health care plan has the goal of destroying private medicine and putting everyone into a single-payer system like Canada’s. It’s not good for us to be waiting in line for MRIs for months and months, or even years and years. NO.

Filed under: News, Costs, Coverage, Employee, Employer, Health Care Reform, Health Insurance, Health-care, Inflation, Insurance, Medical Insurance, Obamacare, Premium, Prices

Ryan asks Biden: if you’re protecting Catholics, why are they suing you?

If you missed the debate last night, Life News can fill you in on the best question of the night.

Excerpt:

Paul Ryan had perhaps the question of the night when he challenged pro-abortion Vice President Joe Biden on the issue of the HHS mandate that compels them to pay for abortion-causing drugs.

During the debate, Ryan brought up the controversial mandate that pro-life groups oppose.

“What troubles me more is how this administration has handled all of these issues. Look at what they’re doing through Obamacare with respect to assaulting the religious liberties of this country. They’re infringing upon our first freedom, the freedom of religion, by infringing on Catholic charities, Catholic churches, Catholic hospitals,” he explained. “Our church should not have to sue our federal government to maintain their religious liberties.”

Biden try to explain away the Obama administration’s pro-abortion assault on Catholics, evangelicals and other religious groups and businesses.

“With regard to the assault on the Catholic church, let me make it absolutely clear, no religious institution, Catholic or otherwise, including Catholic Social Services, Georgetown Hospital, Mercy Hospital, any hospital, none has to either refer contraception, none has to pay for contraception, none has to be a vehicle to get contraception in any insurance policy they provide. That is a fact,” Biden falsely claimed.

“Now, I’ve got to take issue with the Catholic church and religious liberty,” Ryan retorted.  “Why would they keep — why would they keep suing you? It’s a distinction without a difference.”

The mandate compels religious employers to pay for and refer women for abortion-causing drugs, birth control, contraception and sterilizations.

The mandate has drawn significant opposition from Catholic, Protestant and evangelical groups, pro-life organizations and others concerned that it includes no conscience protections for employers that don’t want to be required to pay for or refer women for drugs that end life and violate their faith.

Americans United for Life called the mandate a “payout for the abortion industry.”

So how does a person who claims to be Catholic explain why he supports the murder of unborn children?

CNS News explains what Biden said:

“With regard to abortion,” he said, “I accept my church’s position on abortion as a, what we call de fide doctrine. Life begins at conception. That’s the church’s judgment. I accept it in my personal life. But I refuse to impose it on equally devote Christian and Muslims and Jews, and I just refuse to impose that on others, unlike my friend here, the congressman.

“I do not believe that we have a right to tell other people that, women, that they can’t control their body,” said Biden. “It is a decision between them and their doctor, in my view, and the Supreme Court. I am not going to interfere with that.”

The actual position of the Catholic Church is that any law legalizing the killing of an unborn child is an unjust law that violates the natural law and is, therefore, no law at all. Vice President Biden’s church teaches that it is not acceptable even to obey such laws let alone support them as part of a political campaign.

The abortion issue can best be understood by comparing it to slavery, although abortion is worse than slavery. Slavery involves the mistreatment of an individual for your own benefit. Abortion goes further – you actually murder an individual for your benefit. What Biden is really saying is “don’t like abortion, don’t have one”. He certainly won’t have one, but he doesn’t mind if you do. Now apply that to slavery. Biden might say that he personally would never own slaves, but he doesn’t mind if you own slaves. But is that a moral view? No – the moral view is not only to not own slaves yourself, but to help people escape slavery and to make the practice illegal. The moral thing to do is to save the victims of slavery as much as possible, and that goes the same for abortion.

Recall that Biden had previously defended China’s one-child policy, which is enforced through forced abortions and mass sterilizations. That’s his view. And he calls that Catholicism.

Filed under: News, Abortion, Abortion Funding, Baby, Barabarism, Barack Obama, Born Alive Infant Protection Act, China, Coerced Abortion, Conscience Protections, Contraceptive, Coverage, Democrat, Democrat Party, Embryo, Feminism, Forced abortion, Funding, Health Care Reform, Hyde Amendment, Joe Biden, One-Child Policy, Planned Parenthood, Population Control, Pro-Abortion, Record, Single-Payer Health Care, Socialized Medicine, Subsidies, Unborn, Vice President

Canada’s “free” single-payer health care system costs each family $11,000 per year

From the Vancouver Sun.

Excerpt:

The true cost of Canada’s health care system is more than $11,000 in taxes each year for an average family, according to Vancouver-based think tank The Fraser Institute.

The institute’s report calculates the amount of taxes the average family pays to all levels of government in a year and the percentage of the total tax bill that goes towards public health care insurance.

A family of two parents with an average income of $113,226 and two children will pay $11,401 for public health care insurance, the report says.

[...]Institute senior fellow Nadeem Esmail said in a news release sent out this morning: “There’s a widespread belief that health care is free in Canada. It’s not; our tax dollars cover the cost of it. But the way we pay for health care disguises exactly how much public health care insurance costs Canadian families and how that cost is increasing over time.”

The release noted that since 2002, the cost of health care insurance for the average Canadian family increased by 59.8 per cent before inflation.

“By way of comparison, the cost of public health care increased more than twice as fast as the cost of shelter, roughly four times as fast as the cost of food, and more than five times as fast as the cost of clothing,” the release said.

This is the system that Obamacare is trying to force onto us by eliminating private sector health care. But proponents of single payer health care tell us that it’s better for patients than the American free enterprise system. Is it? Let’s take a look at the numbers.

A defense of American health care

Story from the Hoover Institute at Stanford University.

The article compares American health care to health care in other places like Canada, the UK and Europe.

The full article. I almost never cite the full article, but this is a must read.

MEDICINE AND HEALTH:
Here’s a Second Opinion

By Scott W. Atlas

Ten reasons why America’s health care system is in better condition than you might suppose. ByScott W. Atlas.

Medical care in the United States is derided as miserable compared to health care systems in the rest of the developed world. Economists, government officials, insurers, and academics beat the drum for a far larger government role in health care. Much of the public assumes that their arguments are sound because the calls for change are so ubiquitous and the topic so complex. Before we turn to government as the solution, however, we should consider some unheralded facts about America’s health care system.

1. Americans have better survival rates than Europeans for common cancers.Breast cancer mortality is 52 percent higher in Germany than in the United States and 88 percent higher in the United Kingdom. Prostate cancer mortality is 604 percent higher in the United Kingdom and 457 percent higher in Norway. The mortality rate for colorectal cancer among British men and women is about 40 percent higher.

2. Americans have lower cancer mortality rates than Canadians.Breast cancer mortality in Canada is 9 percent higher than in the United States, prostate cancer is 184 percent higher, and colon cancer among men is about 10 percent higher.

3. Americans have better access to treatment for chronic diseases than patients in other developed countries.Some 56 percent of Americans who could benefit from statin drugs, which reduce cholesterol and protect against heart disease, are taking them. By comparison, of those patients who could benefit from these drugs, only 36 percent of the Dutch, 29 percent of the Swiss, 26 percent of Germans, 23 percent of Britons, and 17 percent of Italians receive them.

4. Americans have better access to preventive cancer screening than Canadians.Take the proportion of the appropriate-age population groups who have received recommended tests for breast, cervical, prostate, and colon cancer:

• Nine out of ten middle-aged American women (89 percent) have had a mammogram, compared to fewer than three-fourths of Canadians (72 percent).
• Nearly all American women (96 percent) have had a Pap smear, compared to fewer than 90 percent of Canadians.
• More than half of American men (54 percent) have had a prostatespecific antigen (PSA) test, compared to fewer than one in six Canadians (16 percent).
• Nearly one-third of Americans (30 percent) have had a colonoscopy, compared with fewer than one in twenty Canadians (5 percent).

5. Lower-income Americans are in better health than comparable Canadians. Twice as many American seniors with below-median incomes self-report “excellent” health (11.7 percent) compared to Canadian seniors (5.8 percent). Conversely, white, young Canadian adults with below-median incomes are 20 percent more likely than lower-income Americans to describe their health as “fair or poor.”

6. Americans spend less time waiting for care than patients in Canada and the United Kingdom. Canadian and British patients wait about twice as long—sometimes more than a year—to see a specialist, have elective surgery such as hip replacements, or get radiation treatment for cancer. All told, 827,429 people are waiting for some type of procedure in Canada. In Britain, nearly 1.8 million people are waiting for a hospital admission or outpatient treatment.

7. People in countries with more government control of health care are highly dissatisfied and believe reform is needed. More than 70 percent of German, Canadian, Australian, New Zealand, and British adults say their health system needs either “fundamental change” or “complete rebuilding.”

8. Americans are more satisfied with the care they receive than Canadians. When asked about their own health care instead of the “health care system,” more than half of Americans (51.3 percent) are very satisfied with their health care services, compared with only 41.5 percent of Canadians; a lower proportion of Americans are dissatisfied (6.8 percent) than Canadians (8.5 percent).

9. Americans have better access to important new technologies such as medical imaging than do patients in Canada or Britain. An overwhelming majority of leading American physicians identify computerized tomography (CT) and magnetic resonance imaging (MRI) as the most important medical innovations for improving patient care during the previous decade—even as economists and policy makers unfamiliar with actual medical practice decry these techniques as wasteful. The United States has thirty-four CT scanners per million Americans, compared to twelve in Canada and eight in Britain. The United States has almost twenty-seven MRI machines per million people compared to about six per million in Canada and Britain.

10. Americans are responsible for the vast majority of all health care innovations. The top five U.S. hospitals conduct more clinical trials than all the hospitals in any other developed country. Since the mid- 1970s, the Nobel Prize in medicine or physiology has gone to U.S. residents more often than recipients from all other countries combined. In only five of the past thirty-four years did a scientist living in the United States not win or share in the prize. Most important recent medical innovations were developed in the United States.

Despite serious challenges, such as escalating costs and care for the uninsured, the U.S. health care system compares favorably to those in other developed countries.

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This essay appeared on the website of the National Center for Policy Analysis on March 24, 2009. An earlier version was published in theWashington Times.

Available from the Hoover Press is Power to the Patient: Selected Health Care Issues and Policy Solutions, edited by Scott W. Atlas. To order, call 800.935.2882 or visitwww.hooverpress.org.

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Scott W. Atlas is a senior fellow at the Hoover Institution and a professor of radiology and chief of neuroradiology at Stanford University Medical School.

Note that the author is a professor of radiology and chief of neuroradiology at Stanford University Medical School. Stanford and Harvard are generally regarded as the two best universities in the United States.

Filed under: News, Business, Canada, Communism, Costs, Economy, Government, Health Care Reform, Health-care, Hiring, Jobs, Marxism, Nationalized Health Care, Obamacare, Premium, Rationing, Regulation, Single-Payer, Small Business, Socialism, Socialized Medicine, Stimulus, Taxes