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The NRF calls for changes to Affordable Care Act

  • An executive from the National Retail Federation testified before Congress today in an effort to convince the lawmakers that the Affordable Care Act should be modified.
  • The group believes a full-time employee should be based on a work week of 40 hours and would like to see the heath care insurance coverage requirement be lifted to 100 employees from 50.
  • Restaurant chains (MCD, BKW, DNKN, PZZA, YUM, WEN, KKD, BAGL, DRI, PLKI) operating under a franchise model have been impacted negatively by the Affordable Care Act.
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Comments (11)
  • etillman
    , contributor
    Comment (1) | Send Message
     
    Seniors are also negatively impacted
    28 Jan, 01:11 PM Reply Like
  • kgerickson
    , contributor
    Comments (242) | Send Message
     
    One more reason to not buy a franchise after you've saved the million dollars they require to talk to them.
    28 Jan, 01:27 PM Reply Like
  • tampabay
    , contributor
    Comments (301) | Send Message
     
    Why are these companies being impacted negatively? they are going to dump their employee healthcare cost on the Gov.(US), in the long run they will save lots of money..
    28 Jan, 05:20 PM Reply Like
  • flemsnopes
    , contributor
    Comments (124) | Send Message
     
    Nice observation, tampabay! Of course, there is the little matter of the "Shared Responsibility Payment" which is NOT tax deductible, and it will likely skyrocket when the ACA fails to sign up the requisite number of very healthy young people to shoulder the massive burden. Everyone will be screaming for single payer soon. Checkmate.
    28 Jan, 10:52 PM Reply Like
  • Sally G
    , contributor
    Comments (660) | Send Message
     
    It is time to get health insurance decoupled from employment; basic card with birth, useable at any facility, fix the tax structure, get rid of big insurance premiums and put everyone, all 100% of us, in one insurance pool. Business will be freer, as they are in other countries, and more competitive, people will be healthier.
    29 Jan, 11:48 AM Reply Like
  • flemsnopes
    , contributor
    Comments (124) | Send Message
     
    Exactly, Sally G! Single payer has always been the real goal. Forget all that private market mumbo jumbo. Healthcare controlled and delivered by an all caring, all knowing, government. That's the ticket!
    30 Jan, 05:30 AM Reply Like
  • Sally G
    , contributor
    Comments (660) | Send Message
     
    Neither all-caring nor all-knowing—by far—although these days, probably all-seeing, but interested, we hope, in keeping the population alive, not increasing bureaucracy as Obamacare does, nor focussing only on profits as our current broken system seems to do.
    30 Jan, 09:01 AM Reply Like
  • flemsnopes
    , contributor
    Comments (124) | Send Message
     
    If one ignores the history of all human experience, you would be right, but the economists who deal in reality have already offered incontrovertible proof that "not focusing on profits" = mediocrity (at best) and corruption (inevitably). See Adam Smith, Ludwig von Mises, and Friedrich Hayek. Don't worry though, you're going to get your wish. I just hope you were careful in wishing it.
    31 Jan, 07:24 AM Reply Like
  • Sally G
    , contributor
    Comments (660) | Send Message
     
    So why is it that surveys show higher customer satisfaction with nonprofit health insurance plans than with for-profit plans (http://bit.ly/1bH27fk)? In fact, one insurance company mentions their nonprofit status in their TV ads: (paraphrasing) we are all members, we do not answer to a board of directors or pay shareholders. I think it is Liberty Mutual?
    31 Jan, 09:15 AM Reply Like
  • flemsnopes
    , contributor
    Comments (124) | Send Message
     
    Sally G, the problem is one of false comparisons. Consider the for profit Lasik surgery segment of healthcare, typically not covered by insurance, which has delivered popular and plentiful, high level care even as prices for the procedures have plunged due to competition and technological advances - all driven by the profit motive. The current private healthcare insurance industry as a whole is a highly successful manifestation of crony capitalism which is, in many ways, indistinguishable from public programs like Medicare and Medicaid, but "you ain't seen nothin' yet", as they say in Washington DC.
    31 Jan, 11:35 AM Reply Like
  • Sally G
    , contributor
    Comments (660) | Send Message
     
    Interesting you should mention Lasik surgery—I wonder how many younger customers know that it makes that eye ineligible for cataract surgery later in life? I almost thought about it until I read that.
    1 Feb, 03:23 PM Reply Like
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