Posted on 05/26/2014 1:47:18 PM PDT by rusty schucklefurd
Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay premiums, but the Obama administration has squelched the idea in a new ruling.
(Excerpt) Read more at nytimes.com ...
I thought this was.what the leftists wanted...millions on the exchanges.
Lol looks like Obama is afraid the exchanges are too lousy to push
the public into using them.
Well said!
I’d love to see your chart.
Guess you business owners shouldn’t have backed/voted for Obama.
Oh well - sucks to be you.
Have a nice day. :)
“I know this is a stupid question, but is this legal for the IRS to bar employers from transferring employees to the exchanges?”
Under this president there are several answers. They can do anything they are told by the president and he’ll pen and phone it into law. Somebody must challenge the ruling in court. That takes years and millions of dollars. Also, the IRS can seize your assets and run you out of business if you don’t agree. (Yep. True story.)
Right on the (snicker) money.
That pic of Il Douche with the Il Duce posture, chin lifted and jutting out, a perfect likeness.
I wonder how this is going to affect At&t’s plan to dump retirees and their pension plan/medical plan to the Obamacare plans.
“the IRS calls this “dumping”
so what does that tell us about the quality of insurance offered by obamacare exchanges?”
Yeah, or perhaps that’s the word chosen by the NY Times?
Boy, they sure are full of bs, aren’t they?
This is brilliant, empower the IRS to run the economy and healthcare. The ultimate liberal fascist wet dream.
The strategy of employers to cease their own group plans and pay employees so that they could replace those policies on the exchange was born of economic necessity. The insurance companies have told them that their group premiums are going to skyrocket. They will either have to shed employees or shut down their company. The Obama economic miracle continues.
The Founding States had made the first numbered clauses in the Constitution, Sections 1-3 of Article I, evidently a good place to hide them from the Obama administration, to clarify the following. All federal legislative powers are vested in the elected members of Congress; not in the executive or judicial branches.
The title is misleading. What the IRS can ban is employers giving employees money a voucher of sorts to go buy their own health insurance.
Employers can still give the voucher to the employer, but the employer will have to pay the payroll tax portion of it and the employee will have to pay taxes as if this were ordinary income.
Right now, employers can write off the cost of health insurance, but the employee does not count it as income.
You learn that when you read the article, but the title conveys something different.
You can't drop the plan if you employ 50 or more people.
If you have 50 or more employees, you are required by the law to insure them or pay a fine. Many large companies have gotten exemptions, but after this year, the exemptions do not apply.
If you have 50 or more employees, and you do not insure them, you have to pay a fine-the article says what it is.
This ban will not permit employers to give employees tax free money to go out and get their own insurance. If money is given for this purpose, it has to be counted as income and taxed accordingly.
That’s the way I understand it.
well if I dont have the money I guess they’ll drop it for me.
bastards
What is it called when an administration can change a law at whim without going through legislation?
“In a separate rule, the administration prohibits states from imposing onerous restrictions on insurance counselors, who educate consumers and help them enroll in health plans. Under the rule, states cannot establish standards that impair the counselors’ ability to help consumers or to perform other tasks required by federal law.
In January, a federal district judge in Missouri found that the state was illegally obstructing the activities of insurance counselors, including those known as navigators. The state has appealed the decision.”
In other words...O’bastard is saying states can’t require they be non-felons of good moral character.
War Games (1983)
[after playing out all possible outcomes for Global Thermonuclear War]
Joshua: Greetings, Professor Falken.
Stephen Falken: Hello, Joshua.
Joshua: A strange game. The only winning move is not to play. How about a nice game of chess?
They’re trying to prevent a wave of cancellation letters in October, that’s all.
Ending employer-based insurance is the point of Obamacare.
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