In addition, it will also take a larger share of workers’ gross pay. “All these perversions have a common source of treating people at the same income level very differently depending on where they get their insurance, how many hours they work, how many other employees they work with, etc.” (John Goodman 2-3). However, it limits the ability to manage it by restricting the ability to choose a smaller package of benefits, more cost sharing, so, the health reform law is trying to force us to remain on an unsustainable path. Thus, Affordable Care Act may force small business to a financial collapse or even bankrupt because of the owing large amount of insurance expense for the …show more content…
“Not only did consumers see price increases, many found that their doctor or hospital was no longer in the network, as plans employed narrow network strategies to try to keep costs under control. Some existing plans disappeared entirely as carriers withdrew from an unattractive marketplace, or in the case of many federally-financed co-ops like Health Republic Insurance of New York, one of the state’s largest individual plan insurers, simply went out of business due to substantial underwriting losses.” (USA today 1) It will even increase the medical cost in the U.S as a whole and people who have ordinary commercial insurance are required to pay extra either insurance companies or directly for hospital or medical