It’s beginning to sound like Bud Abbott and Lou Costello’s famous comedy act, “Who’s on First” with those companies downsizing blaming Obama care and the added costs, yet to be proven, to their bottom line. The law which doesn’t officially go into effect until 2014 has become the whipping boy for those who don’t want to admit maybe their bottom line could be because of bad management, or it is a good excuse to dump some dead wood.
This week PMRC announced their second lay-off of another 50 plus people attributing that to recent changes in health reimbursement bringing their total to over 100 lay-offs; what changes?
The new health-care bill when it goes into effect allows for tax credits and supplements to employers to offset the new premiums so more employees not covered by insurance will be able to afford insurance.
But on the other side of the county Atlantic General is hiring saying they prepared for the new law starting 3 years back. Go figure. See link below.