Posted on 05/24/2010 7:59:39 AM PDT by Nachum
WASHINGTON About one-third of employers subject to major requirements of the new health care law may face tax penalties because they offer health insurance that could be considered unaffordable to some employees, a new study says.
The study, by Mercer, one of the nations largest employee benefit consulting concerns, is based on a survey of nearly 3,000 employers.
It suggests that a little-noticed provision of the law could affect far more employers than Congress had assumed.
(Excerpt) Read more at nytimes.com ...
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vaudine
” they offer health insurance that could be considered unaffordable to some employees “
Nothing new there - when I worked for a certain Big Box Home Improvement Retailer (ahem, think orange), it would have cost me 1/3 of my takehome pay to buy into their “industry-leading” health insurance plan...
Since I have this irrational preference for sleeping indoors, and eating, I passed....
Basically, they are saying to business, “thou shalt subsidize insurance.”
Of course this provision was “little noticed.” Nobody who voted on the damn thing had even read it.
I have had an individual policy for years - no maternity benefits, no AIDS treatment, no mental health, drastically limited chemo benefits, no plastic surgery, large deductible. Never signed up for Medicare although eligible. Recd notice from them that as of 1/1/2011 my coverage would be expanded to cover all of these and more and the premium is going to increase about four times. I have never used my insurance and negotiated a cash price with my internist for needed outpatient services. So I said no thanks!
Please add me. TNX
Then you will purchase Obamacare or go to jail, right?
I spoke with my folks, they also own a small business, their rates are going up 80% because they are getting older.
My broker flat out said that the reason the rates were going up was the insurance companies were trying to recoup their soon-to-be-lost revenue before 2014. It’s exactly what the credit card companies did a little while back. Jack up the rates to get immediate revenue.
Just freaking unreal.
Please consider joining the Obamacare Class Action lawsuit:
Obamacare Class Action Lawsuit (deadline to join is May 31)
"The purpose of this lawsuit is to reverse Supreme Court precedent related to the Commerce clause and thereby overturn Obamacare. The Supreme Court has historically erred in its interpretation of the Constitutional role of the Federal Government. Recent Supreme Court rulings hint that they may be willing to take another look at Commerce clause precedent. Obamacare is so over reaching and so onerous, that it must either be repealed in Congress or struck down in the courts. We must fight this on both fronts. This is our historic opportunity to reverse Americas trend toward Socialism by overturning this unconstitutional precedent.
If you are a US citizen and agree with the goal of this lawsuit, please join us. If you have concerns about joining, please review the FAQs for more information. Every person we add strengthens the voice of "We the People".
you are added.
Bull. They new exactly what they were doing.
And, this is what the gov't wants: stir up trouble then look like the good guy riding in to save the day by federalizing it.
Single men must also carry coverage for pregnancy costs.
Nobody who voted on the damn thing had even read it.”
I have a proposal for the members of Congress who are voting on bills they have not read or that they do not understand.
1. A fine of $1,000,000 cash for each & every vote they do when they have not seen, nor read, nor understood the bill.
This money must be PERSONAL funds—no campaign money or donations to pay it.
2. Five (5) years in prison—Sheriff Joe Arpaio style—for each & every such vote.
3. Trials must be held in no less than 60 days- no delays & no staying out of prison awaiting appeals.
Each transgression to be considered separate & no serving of time ‘concurrently—must be consecutively.
I know this sounds really drastic, but voters are being snookered by expecting that the members of Congress they are placing into Washington DC really have the interests of the citizens in their hearts.
They are passing bills they have NEVER seen—have NOT read—& do NOT understand.
It is destroying the USA. We will be back into sod houses & caves & forests in the blink of an eye if this does not STOP.
Then you will purchase Obamacare or go to jail, right?
I look rather smashing in stripes actually!
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