Obamacare will cut part-time employment, increase payroll costs and move millions of folks to Healthcare Exchanges.

About 80% of this nation's insured get their coverage via the work place. It is this large demographic Midknight Review has in mind with the writing of the brief article.

Two reasons why your health care will change within two years of the passage of ObamaCare. Two reasons why you just might lose your job because of ObamaCare :

1. ObamaCare mandates the coverage of part-time employees as well as full-timers. The average cost of health care for a business owner is $4,000 per year or close to 14% of total payroll. Part-time employees are used by owners to keep costs down. ObamaCare will reverse that circumstance. The day of cheap, part-time labor is quickly coming to an end. Can anyone say "Bye, bye part-time employees ?"

With rising payroll costs, employers who choose to stay in business will let go part-time and less efficient employees . . . . they do earn enough profit to offset the healthcare premium the company will be forced to pay for them. Understand that health care cost for part-timers is much more than 14% of their payroll.

2. While costs to business will rise due to the mandated coverage of part-time employees at 14% of payroll, ObamaCare offers businesses a way out -- stop the coverage and pay a fine of only 8%. It is estimated that within 2 years of the passage of ObamaCare, most small and large businesses will have opted out of healthcare coverage, agreeing to pay the fine instead, while they look to increase their "bottom line" by at least 6%.

So you will most definitely lose your present coverage. Business benefits from that fact by avoiding a portion of their present outlay. About 70% of all private sector jobs come from small business. While Obama is giving small business a one time tax credit to hire, there really is no incentive for small business to either pa rticipate in health care costs or hire more employees - especially in the second year of ObamaCare and beyond.

You will lose your health care. Most part-timers will lose their jobs. And costs will go up by 8% of payroll for most private businesses. Understand, taxes pay the national bill. If people are not working, taxes are not paid and healthcare costs on a national level go up dramatically.

This this is a disaster -- pure and simple. We voted in a man-child who knew nothing of economics or national governance and now we are about to reap the penalty of that action -- jds
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