Saturday, May 16, 2015

Additional costs of doing business are always passed along to customers

“The Health Insurance Providers Fee (in Obamacare) was aimed at insurance companies. The thinking went: Because insurers would gain a windfall of customers, they ought to help pay for the expansion of coverage. Insurers say they have raised prices for individuals and small businesses to cover the new tax.

As it turns out, they are raising their prices to state Medicaid programs, too.

http://www.foxbusiness.com/markets/2015/05/16/inside-washington-insurers-pass-health-law-tax-along-to-states-could-cost-13b/

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