I've had my first personal encounter with Obamacare. I got a letter from my healthcare provider. I have only hospitalization, which cost me $164 per month. I assumed the bill was due. To my surprise, a check was enclosed for $192. There is a facet of the new law dubbed the 80/20 Rule, which means a firm must spend 80% of the money it takes in on consumers, the rest on salary and operating expenses. The government deemed that this company spent only 69% on its customers, and forced it to redistribute its funds. Of course, I'm happy to have the money, but I still have severe doubts about politicians telling a business how it must be run, although I'm sure businesses strive to maximize profits. It's what they do. I wonder where this tyranny will lead. In fact, I have a pretty good idea already - to a European style system. Some small firms will go out of business. The largest will survive. Eventually, health services will be so expensive they will have to be covered by the government. I don't know if this can be stopped, although I will vote with those trying to stop it come November, despite the $192. I think the President's policies are a prescription for madness. I hope I'm wrong, but approximately 50% of the public is on the federal gravy train in some way. That's a large constituency to dissuade, and it will probably grow as even more citizens are bribed.
My thanks to the young lady who purchased a Clive Cussler thriller and Susan Polis Schultz's Find Happiness in Everything You Do, which sounds like a wonderful philosophy of life.
Visit Vic’s sites:
Vic’s Third Novel (Print or Kindle): http://tinyurl.com/7e9jty3
Vic’s Website: http://members.tripod.com/vic_fortezza/Literature/
Vic’s Short Story Collection (Print or Kindle): http://www.tiny.cc/Oycgb
Vic’s 2nd Novel: http://tinyurl.com/6b86st6
Vic’s 1st Novel: http://tiny.cc/94t5h
Vic’s Screenplay on Kindle: http://tinyurl.com/cyckn3f
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