Denny's to impose 5% Obamacare surcharge

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spidey07

No Lifer
Aug 4, 2000
65,469
5
76
They've risen just as much as they did before it passed. Asshat.

No, much higher since obamacare. I'm talking healthcare costs, not just insurance. Part of ACA was to raise the price of healthcare via taxes on actually healthcare and equipment. The law actually mandates healthcare costs to increase dramatically.
 

Pens1566

Lifer
Oct 11, 2005
11,846
8,446
136
No, much higher since obamacare. I'm talking healthcare costs, not just insurance. Part of ACA was to raise the price of healthcare via taxes on actually healthcare and equipment. The law actually mandates healthcare costs to increase dramatically.

And you have just as much info to back this up as you do the following :

1) Rick Perry is going to win in '12
2) "November is coming, be ready"

Please show your work where since the legislation was passed that costs have increased ~18% per year. We'll all wait anxiously.
 

techs

Lifer
Sep 26, 2000
28,561
4
0
Ten million more restaurant workers are going to have health care? And it only costs an extra 50 cents per meal? That's pretty awesome.

Plus I no longer have to pay for their emergency room visits out of my health care? Double awesome.

Knowing the people who handle my food have health care? Priceless.
 

Ryan

Lifer
Oct 31, 2000
27,519
2
81
Ten million more restaurant workers are going to have health care? And it only costs an extra 50 cents per meal? That's pretty awesome.

Plus I no longer have to pay for their emergency room visits out of my health care? Double awesome.

Knowing the people who handle my food have health care? Priceless.

Exactly - is this 5% supposed to offend me? If it only cost them a 5% price hike to cover their employees, if anything, it offends me that they were that fucking cheap to not do it in the first place.
 

Darwin333

Lifer
Dec 11, 2006
19,946
2,329
126
Sure they are -- all cosst of doing business is built into every good and service sold. And of course health coverage is treated as a tax deductible expense so the net cost to employers won't affect the bottom line much.

In any case, Denny's and the rest of corporate America had a choice: to engage in substantive discussion about alternatives. Escalating health costs have been a drag on the economy for a long time and companies were quietly (some not so quietly) shrinking their health coverage for over a decade befoe Obama was elected.

I remember being quite hopeful when I read this article in 2007 New Urgency in Debating Health Care; and dismayed by the non-solution we ended up with. Corporations had their chance to get engaged in the solution and declined to do so.

Corporate America isn't the one with the real problem, the Federal Government is.

Federal healthcare spending from 1980-today:



Using historical rate of inflation and not accounting for the larger number of people (per capita) that will be enrolled in the programs what its going to cost us:




There is absolutely zero political will to even put a bandaid on this problem so I have no faith at all that it will be addressed until the train comes off the tracks.
 

sigurros81

Platinum Member
Nov 30, 2010
2,371
0
0
It's funny how the tunnel-vision of these selfish pricks only allow them to see the cost they will have to pay. Part of the ACA is also reforming a bunch of shit that is fucked up and inefficient with our current healthcare. The benefits for everyone far outweighs the negatives, but all these people see is that their grandslam breakfast is going up 50¢.

If the conservatives have their way, the rich only gets richer, off of the blood and sweat of the cheap laborers.
 

umbrella39

Lifer
Jun 11, 2004
13,819
1,126
126
So where is the math figures these FUD peddling morons here keep pushing? Typical bullshit and co-signing of big business sticking it even more to their employees under the guise of the evil Obamamamamacare. The GOP fanbois here can't get their pom pons out quick enough to cheer when they think they actually found a point... Pst, Denny's can sink with the rest of them if Obamacare is going to tank them to cover the 2 or 3 people in each store that actually get 40 hours a week.
 

techs

Lifer
Sep 26, 2000
28,561
4
0
Giving health insurance companies over 10 percent off the top of every health care premium is whats unsustainable.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
Business has already found the work around obamacare...cut hours below 30 so you don't have to provide insurnace. BOOM! People make less money all thanks to obamacare. Cost of everything goes up because of obamacare.

Now folks are squeezed at both ends all thanks to obamacare. Record number of people in poverty and foodstamps, all thanks to obama. The end game of communism isn't equal outcome and prosperity...it is equal misery for all.
 

Athena

Golden Member
Apr 9, 2001
1,484
0
0
Corporate America isn't the one with the real problem, the Federal Government is.

There is absolutely zero political will to even put a bandaid on this problem so I have no faith at all that it will be addressed until the train comes off the tracks.
Well I agree with you on the latter but Corporate America is indeed part of the problem.

As we all know, every industrialized country in the world spends less on healthcare than we do in the US. Because we never had a substantive discussion of alternatives, most people don't know that many universal systems are also much more heavily privatized than here in the US. How many people know that health costs constitute a musch lower percentage of the German government budget than the US? Everyone in Germany is covered by private sickness funds -- no special programs for the old, the young, the military, prisoners, etc. -- everyone gets the same deal and the government doesn't finance it.

American companies with large overseas operations were fully aware of alternatives and just sat back as Congress evaded the main issues.
 

DietDrThunder

Platinum Member
Apr 6, 2001
2,262
326
126
And you have just as much info to back this up as you do the following :

1) Rick Perry is going to win in '12
2) "November is coming, be ready"

Please show your work where since the legislation was passed that costs have increased ~18% per year. We'll all wait anxiously.

I personally don't need to show you work, I have actuals to back up this data. We just had our annual enrollment for 2013, and my health insurance premiums increased by 36.5% ($2,550) over 2012. With the company stating that raises for 2013 are going to be 3%, my raise won't cover the health insurance increase.
 

Athena

Golden Member
Apr 9, 2001
1,484
0
0
Giving health insurance companies over 10 percent off the top of every health care premium is whats unsustainable.
Insurance premiums are not the problem;its the cost of care. If the country were to go to "Medicare for All", the whopping savings would be about 5% -- which is hardly enough to justify such a massive change. We need to get real about the cost of care.
 

nehalem256

Lifer
Apr 13, 2012
15,669
8
0
Ten million more restaurant workers are going to have health care? And it only costs an extra 50 cents per meal? That's pretty awesome.

Plus I no longer have to pay for their emergency room visits out of my health care? Double awesome.

Knowing the people who handle my food have health care? Priceless.

So you should have no problem with Denny's imposing a 5% Obamacare surcharge. In fact you should point to it as an example of how awesome Obamacare is.
 

sigurros81

Platinum Member
Nov 30, 2010
2,371
0
0
Corporate America isn't the one with the real problem, the Federal Government is.

You lost all credibility right there. You should save such statements for the end of a post, because you've just derailed yourself for the rest of your argument.
 

umbrella39

Lifer
Jun 11, 2004
13,819
1,126
126
Business has already found the work around decades BEFORE obamacare...cut hours below 30 so you don't have to provide insurnace.

Fixed that with the exception of your atrocious spelling you disingenuous piece of GOP shit.
 

SheHateMe

Diamond Member
Jul 21, 2012
7,251
20
81
Metz is the franchisor of Hurricane Grill & Wings, which has 48 locations, five of which are corporate owned, and president and owner of RREMC Restaurants, which runs approximately 40 Denny's and several Dairy Queen locations. He planned to use the 5 percent surcharge tactic in all his restaurants starting in January 2014, when Obamacare is fully implemented.

So, I assume he is rolling out this surcharge the all the other restaurants he owns. I bet his health care is wonderful..and probably the same for the top level employees under him.
 

piasabird

Lifer
Feb 6, 2002
17,168
60
91
This is the reality of higher taxes and O'Bammacare. Costs will be past on to the consumer. That means you.

Nothing in life is free.
 

nehalem256

Lifer
Apr 13, 2012
15,669
8
0
Insurance premiums are not the problem;its the cost of care. If the country were to go to "Medicare for All", the whopping savings would be about 5% -- which is hardly enough to justify such a massive change. We need to get real about the cost of care.

This. Liberals are always so happy to point out that America spends twice as much of its GDP on healthcare as "enlightened" social health care countries.

What they seem to avoid pointing out is that half of US spending is already done by the government.

So the question is not why are Health Insurance companies ripping us off. It should be why the government is not managing to provide everyone with health care with the money it already spends.
 

techs

Lifer
Sep 26, 2000
28,561
4
0
Insurance premiums are not the problem;its the cost of care. If the country were to go to "Medicare for All", the whopping savings would be about 5% -- which is hardly enough to justify such a massive change. We need to get real about the cost of care.
That is totally incorrect.
Medicare overhead is between 2 and 3 percent. Private insurance companies substantially more than 10 percent.
Imagine having ten percent more to put towards care? And imagine the downward pressure on prices when a much larger single payer covers most patients/
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
So, I assume he is rolling out this surcharge the all the other restaurants he owns. I bet his health care is wonderful..and probably the same for the top level employees under him.

They would all be going to the same hospitals, etc. They would all receive exactly the same healthcare.

Employers don't provide healthcare.
 

umbrella39

Lifer
Jun 11, 2004
13,819
1,126
126
I personally don't need to show you work, I have actuals to back up this data. We just had our annual enrollment for 2013, and my health insurance premiums increased by 36.5% ($2,550) over 2012. With the company stating that raises for 2013 are going to be 3%, my raise won't cover the health insurance increase.

And they never increased before Obamacare? (which hasn't really affected your employers bottom line yet).
 

Athena

Golden Member
Apr 9, 2001
1,484
0
0
I personally don't need to show you work, I have actuals to back up this data. We just had our annual enrollment for 2013, and my health insurance premiums increased by 36.5% ($2,550) over 2012. With the company stating that raises for 2013 are going to be 3%, my raise won't cover the health insurance increase.
I've been paying my own insurance for for almost 20 years and my premiums for next year will increase by less than 4%. That's the lowest annual increase I've ever had. Other people were seeing huge increases in their deductibles and copays long before the 2008 election. Bottom line: anecdotes don't prove much.

Insurance premiums will increase as long as the cost of care is not addressed. All of the payment plans in the US operate on one simple principal: pay the providers whatever they ask for. Medicare was designed that way to get buy-in by doctors --who before its enactment provided far more pro-bono service -- and it's been a huge problem ever since.
 

Athena

Golden Member
Apr 9, 2001
1,484
0
0
That is totally incorrect.
I'm sorry but you have it wrong. George Halvorson, CEO of Kaiser Health Plan, talked about this a couple of years ago in an interview. I definitely agree that the health coverage business should be non-profit (as it is in Germany and Switzerland -- indeed used to be in the US) but getting rid of it would not save us. Medicare -- which was designed from the start to pay doctors whatever they asked for -- is part of the problem, not the solution.
 
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nehalem256

Lifer
Apr 13, 2012
15,669
8
0
That is totally incorrect.
Medicare overhead is between 2 and 3 percent. Private insurance companies substantially more than 10 percent.
Imagine having ten percent more to put towards care? And imagine the downward pressure on prices when a much larger single payer covers most patients/

Call it 10%. But since less than 50% of care is paid for by private insurance. The overall benefit is <5%.

And where is this magic downward pressure going to come from? Most health care costs are from long-term illness (think Diabetes as one example) and so there is no real cost savings from combining the risk together.
 

Athena

Golden Member
Apr 9, 2001
1,484
0
0
It should be why the government is not managing to provide everyone with health care with the money it already spends.
That's an easy one...because they are forced to use faux "free market" delivery systems.

If instead of paying whatever private doctors asked, the government just provided the care directly, there would be howls about "socialized" medicine. Personally, I think that anyone who is getting government paid healthcare should be not be whining about not getting to choose my own doctor or any other cost-inflating issues. Vermont has shown how much further government dollars go when used for community clinics rather than private doctors.

Which is not to say that I'm an advocate of socialized medicine. I've lived in several different countries and I definitely prefer the socialized insurance model of Germany to the socialized medicine of the UK.

What I do say is that we cannot go on the way we are and the ACA won't make any real difference in the underlying problems.
 
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