Insurance Commissioner Extols Benefits of Obamacare
by Sen Sam Slom, Small Business News
Gordon Ito, the State Insurance Commissioner, told a conference of Professional Insurance Agents last Thursday that Obamacare is coming and will be great for you, especially if you own a small business (unless your employees are over age 40). There will be plenty of subsidies and tax credits for the right businesses, but guess who pays for them? After Gordon, I spoke to the insurance agents and predicted that within 5 years, half or more of them will be out of business because that is the goal of the Obama government and the new entity, the Hawaii Health Connector (Constrictors?). Good deal for the taxpayers? Obamacare is the tsunami disaster we've warned you about. It must be stopped now.
Wait! Obamacare Tax is Here Already!
We just got our new monthly bill from HMAA for employee medical, and guess what? There is a new line item: "Adjustment: ACA Tax" - Affordable Care Act (Obamacare). That's right, it's started and it's not even October 1. Check your bills and watch those new fees and taxes suddenly appear.
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