“A small business health insurer broker testified today that Obamacare’s Medical Loss Ratio (MLR) regulations has cut his revenues, forced many of his competitors out of business, and may end the small business insurance broker industry entirely… Obamacare is regulating these small businesses out of existence by defining the commission they earn in as administrative overhead the purpose of calculating an insurance companies MLR. Obamacare mandates that insurers in the individual and small group market must spend 80% of their premium dollars on medical costs, not overhead.”

“In an economic climate of increasing uncertainties, Puzder says, one certainty is that many businesses now marginally profitable will disappear when Obamacare causes that margin to disappear. A second certainty is that ’employers everywhere will be looking to reduce labor content in their business models as Obamacare makes employees unambiguously more expensive.'”

“The healthcare reform law could threaten farmers’ insurance coverage, a group of Senate Democrats said. The law could undermine farmers’ cooperatives, which provide coverage for thousands of farmers and their families. That threat is an ‘unintended, and unwanted’ side effect of the law’s tax credits, Democrats said.”

“The Treasury Department’s inspector general for tax administration found that, by May, roughly 228,000 taxpayers had claimed the small-business credit to the tune of more than $278 million. The IRS had previously tried to reach out to some 4.4 million taxpayers that it thought could have been eligible for the credit, and the Congressional Budget Office had estimated that up to $2 billion could be claimed for 2010.”

“The 2010 healthcare law contains a tax on the health insurance policies that most small businesses purchase… Estimates predict the tax will raise the cost of employer-sponsored insurance by 2% – 3%, imposing a cumulative cost of nearly $5,000 per family by 2020. The NFIB Research Foundation’s BSIM model suggests that such price increases will reduce private sector employment by 125,000 to 249,000 jobs in 2021, with 59 percent of those losses falling on small business.”

“A new technical analysis by Oliver Wyman estimates that the new health insurance tax in the Affordable Care Act (ACA) ‘will increase premiums in the insured market on average by 1.9% to 2.3% in 2014,’ and by 2023 ‘will increase premiums 2.8% to 3.7%.'”

“We’re economists, not political consultants, so we offer no unique insight on whether the administration’s proposed rule will hold in the face of political pressure. But we do know that this unpopular definition and its possible revision hold significant implications for everyone impacted by this law’s provisions. Either millions of dependent families of employees will be stuck without an offer of affordable coverage-or taxpayers will be stuck with significantly more subsidy costs than originally projected.”

“A $5 billion fund created as part of the health-care overhaul to pay for health insurance for early retirees will run out of money by September 2012, according to a federal report released Monday… The money was supposed to be available through the end of 2013.”

“Hard times continue for the Affordable Care Act (a.k.a. Obamacare). The administration has scrapped the law’s long-term care insurance program covering nursing homes and home health care. The program was deemed unrealistic. This is a harbinger. As the law is implemented — assuming the Supreme Court doesn’t declare it unconstitutional or Republicans don’t repeal it — disappointments will mount.”

“Overall, PPACA is anticipated to increase costs by an average of 1.5% in 2011 across the surveyed health plans. Other surveys have offered similar cost estimates. However, it is important to understand that these averages cannot be easily extrapolated to any particular health insurance policy or across different lines of business… Overall, for 2011 health plans reported estimated increases due to PPACA of 4.7% for individual policies, 1.5% for small group plans, and 0.8% for large group plans on a weighted average basis. These impacts are additive to the other trend components discussed previously.”