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Newsfront


7 Hidden Ways Obamacare Will Aff ect Your Bottom Line


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owners to attach nutritional labels to the unpackaged food items they sell at deli counters and salad bars. But supermarket owners operate in an industry already plagued by razor-thin profit margins. Analysts estimate the new labeling rules could cost


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grocery stores some $1 billion per year. That cost will almost certainly be passed along to customers.


No wonder they’re calling it the Un-Aff ordable Care Act. BY STEPHANIE DUBE WILSON


he true costs of the patient pro- tection and Aff ordable Care Act are only now emerging. In fact, some pun- dits quip that a better name for the


massive law would be the Un-aff ordable Care Act. Of course, some of the bill’s provisions — coverage for pre-existing conditions and keeping young people on their parents’ policies — have been popular with the public. But here are seven unexpected ways that the law commonly called Obamacare may drain money right out of your wallet.


HIGHER GROCERY BILLS


One of the little-noticed mandates of healthcare reform requires grocery-store and deli-store


FAST-FOOD INFLATION


providing health insurance. Mike Ruff er, a Five Guys Burgers and Fries franchise owner, recently told


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The Washington Examiner that his prices may increase as a result. Even if restaurants do not raise their prices, they are likely to cut workers’ shifts to less than 30 hours per week because Obamacare requirements do not apply to part-time workers. The cutback will enable them to evade the individual mandate requirement.


EXPENSIVE MEDICAL DEVICES


may be going up due to the 2.3 percent excise tax on medical devices in Obamacare. In theory, the tax applies to items like hip implants, heart-valve replacements, and knee replacements — not retail items. But analysts worry that manufacturers might try to recover their losses


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elsewhere by raising the prices consumers pay generally. “Yes, higher prices to consumers is one potential outcome,” says Kelly B. Moore, founder of Moore Benefits, Inc., an employee-benefits consulting firm. Also, the list of “devices” expected to be taxed is much broader than


generally recognized, and includes latex gloves, tongue depressors, insulin pumps, surgical sutures, cancer-treatment devices, pacemakers, and even dental fillings.


10 NEWSMAX | MAY 2013


Do you need a blood pressure monitor? Those and other common devices


Fast-food restaurants that were unable to get waivers from the administration will be forced to increase employee compensation by


prescription for


disaster


FAST-FOOD/DAVID PAUL MORRIS/BLOOMBERG/GETTY IMAGES / DELI/AP IMAGES BLOOD PRESSURE GAUGE/ISTOCKPHOTO


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