Cheesecake Factory CEO Warns ObamaCare Will Be 'Very Costly' Read more: http://newsb

Actually, this CEO is rather intelligent. He clearly learned from Schnatter, and will avoid injecting political views into the debate.

He's already paying for his employees' healthcare, and he does nothing but reflect on what MAY happen in the future.

What he doesn't seem to speculate, is that his healthcare costs will undoubtedly go DOWN once ACA is up and running, and the exchanges are set up. What's truly exciting, is that the Red state morons who refuse to set up exchanges will be using the federal exchanges instead.

With a greater number of fed. exchanges, we're halfway to the public option!

Thanks, morons! You're helping the cause.
 
Althea said:
Actually, this CEO is rather intelligent. He clearly learned from Schnatter, and will avoid injecting political views into the debate.

He's already paying for his employees' healthcare, and he does nothing but reflect on what MAY happen in the future.

What he doesn't seem to speculate, is that his healthcare costs will undoubtedly go DOWN once ACA is up and running, and the exchanges are set up. What's truly exciting, is that the Red state morons who refuse to set up exchanges will be using the federal exchanges instead.

With a greater number of fed. exchanges, we're halfway to the public option!

Thanks, morons! You're helping the cause.
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Health care costs will undoubtedly go down? Based on what?
 
Rune said:
So Cheesecake Factory restaurants have more than 50 employees per location? Who knew.
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Funny thing is this idiot already provides healthcare to his employees at standards greater than with Obamacare. Asswipe's blowing steam looking for free publicity.

http://www.huffingtonpost.com/2012/...-obamacare_n_2236673.html?utm_hp_ref=business

Overton said he doesn't know whether his own company will need to raise prices, since he already provides health insurance to all employees that work 25 hours or more per week. That's fewer hours than required under Obamacare, which will force companies with 50 or more full-time employees to provide employees working at least 30 hours per week with health care coverage or face penalties.
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Howey said:
Funny thing is this idiot already provides healthcare to his employees at standards greater than with Obamacare. Asswipe's blowing steam looking for free publicity.

http://www.huffingtonpost.com/2012/...-obamacare_n_2236673.html?utm_hp_ref=business
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He says he doesn't know what will happen, he tries his best to hedge that fact and yet so many of you are bashing him for it??? He was trying to discuss the topic being asked of him in an honest manner. I would really like to know what it is specifically that he stated that you find so outrageous?
 
Superfreak said:
Health care costs will undoubtedly go down? Based on what?
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The ACA was nothing but a huge handout to the Insurance industry. They're going to have millions of new, healthier clients. Big Pharma made 'concessions' in exchange for Obama denying us the right to shop for meds in Canada.

As well, new medical loss ratios demand that 80% of premium dollars go toward delivering care. With pools of providers, there will be more options for people to shop rates. Employers with large groups ought to do much better in that market.

And, as I've already mentioned...the fed. pools that will cover Red states that are refusing to comply, will more than likely be cheaper than the rest of the market. Coverage is provided by the private sector, but negotiated w/the feds.
 
Superfreak said:
So because Overton discusses the issue, you want to boycott him? What exactly did he say that is so offensive to you?
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I think I'll go buy something from them.

But then again,,, I'm going to need to pay the penalty which makes it harder for me.

I can't wait to see the gov't go under.

All the vote myself money voters will blame someone but themselves when their goodies run out.
 
Althea said:
The ACA was nothing but a huge handout to the Insurance industry. They're going to have millions of new, healthier clients. Big Pharma made 'concessions' in exchange for Obama denying us the right to shop for meds in Canada.

As well, new medical loss ratios demand that 80% of premium dollars go toward delivering care. With pools of providers, there will be more options for people to shop rates. Employers with large groups ought to do much better in that market.

And, as I've already mentioned...the fed. pools that will cover Red states that are refusing to comply, will more than likely be cheaper than the rest of the market. Coverage is provided by the private sector, but negotiated w/the feds.
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Ok, the above is noted... but WHAT makes you think costs are going to be cheaper? Nothing thus far has indicated anything but the contrary, which is why states are smart to make the Fed set up the exchanges.
 
Liberty said:
I think I'll go buy something from them.

But then again,,, I'm going to need to pay the penalty which makes it harder for me.

I can't wait to see the gov't go under.

All the vote myself money voters will blame someone but themselves when their goodies run out.
Click to expand...

Do you think they will riot? Now that will be something to watch!
 
Superfreak said:
Ok, the above is noted... but WHAT makes you think costs are going to be cheaper? Nothing thus far has indicated anything but the contrary, which is why states are smart to make the Fed set up the exchanges.
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Well, I guess you'd have to consider the sources you've checked 'thus far'.

If it's primarily from Right wing morons on message boards, or butt hurt republican CEOs that are venting, you'll never get your facts straight.


If insurance companies are required to spend 80% on delivery of care, as opposed the the customary 40%-60%, then the costs should go down as CEO pay is now limited. Right now, a huge portion of premium money goes to shareholders, (including those who hold shares in Big Pharma) lobbyists, upper level management pay/bonuses.

For the free market fanatics, how can a larger pool of providers make for higher rates? Right now, your options are extremely limited.
 
Superfreak said:
Ok, the above is noted... but WHAT makes you think costs are going to be cheaper? Nothing thus far has indicated anything but the contrary, which is why states are smart to make the Fed set up the exchanges.
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The states aren't smart, they're attempting to obstruct the process.
 
Althea said:
Well, I guess you'd have to consider the sources you've checked 'thus far'.

If it's primarily from Right wing morons on message boards, or butt hurt republican CEOs that are venting, you'll never get your facts straight.


If insurance companies are required to spend 80% on delivery of care, as opposed the the customary 40%-60%, then the costs should go down as CEO pay is now limited. Right now, a huge portion of premium money goes to shareholders, (including those who hold shares in Big Pharma) lobbyists, upper level management pay/bonuses.

For the free market fanatics, how can a larger pool of providers make for higher rates? Right now, your options are extremely limited.
Click to expand...

LOL Great post.
 
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