# Obamacares Fate, Votes in Today

**URL:** https://forums.speedlife.net/t/obamacares-fate-votes-in-today/264228
**Category:** Shift518 Off Topic
**Created:** [June 28, 2012, 7:15am UTC](https://forums.speedlife.net/t/obamacares-fate-votes-in-today/264228 "2012-06-28T07:15:07Z")
**Posts on this page:** 1
**Showing post:** 216

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### Author: ![Upstate](https://avatars.discourse-cdn.com/v4/letter/u/b3f665/32.png) [@Upstate](https://forums.speedlife.net/u/Upstate)
#### Post date: [July 18, 2012, 12:18pm UTC](https://forums.speedlife.net/t/obamacares-fate-votes-in-today/264228/216 "2012-07-18T12:18:50Z")

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> [@Mark's SRT re-do -- no traction at all slight\_smile page 5](https://forums.speedlife.net/t/marks-srt-re-do-no-traction-at-all-page-5/49901/70):
>
> I didn’t want to jump in on this but here’s the thing:
> 
> The company does not NEED to give the employees health insurance right now. They can strip the benefits, and face ZERO penalty.
> 
> So you’re saying they have incentives to take away the employee’s insurance when there is a $2000/employee penalty?

Once this law takes full effect in 2015, it will be more cost effective for small businesses to not offer health insurance to their employees and pay the $2,000 fine instead, yes. I rep a number of pharmaceutical companies, so coverage is obviously a big deal to them, and I was at a PhRMA session in DC two years ago after passage of the ACA and they estimate that employer-sponsored insurance coverage will drop from 52% now to 39% by 2020, after everything is in effect.

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