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 ...
Actually in a “just world” the Progressives would be struck dead by lightning for telling so many whoppers.
I won’t argue with that!
Right now, employers can write off the cost of health insurance, but the employee does not count it as income.
As someone who buys their own policy from after-tax income, this is something that always irked me.
A UAW worker, for instance, gets sometimes $10-15,000 worth of benefit, tax free.
I have to make $15K just to pay my $10K worth of premiums
Employees will have to pay a larger % of their premium and a higher deductible. Bad thing for Obamacare is that there will be fewer people on the exchanges.
I'm not convinced that the employer mandate will ever be put in force. Now the big employers will be rushing to change their policies.
The company will pay the $2,000/employee fee and can't give the employees tax free money to pay the exchange. Bad for the employee but employer saves tons of money.
More businesses will go below 50 if possible, unless he changes that too.
Sooooo this is a tax that wasn't initiated by the House of Representitives?
LOL!! Brilliant....
They can still "dump" an employee into an exchange they just can't reimburse the "dumped" employee. (BTW: check it out, 75% of House and Senate employees' exchange payments are reimbursed tax free).
What will probably happen is that employees will pay the price with higher payroll deductions, higher plan deductions and higher co-payments.
Bump
In a just World, probably not, but there has not been a just world in the United States of America since April 12th, 1861.
I just fixed it up for you a bit. I saw your point, but the problem goes far far further back than 2008.
What new ruling?
Do we have a new ruling every week? every day? every hour or what?
Is this Venezuela?
Not quite. Our weather is much nicer in the Carolinas and California.
Obama administration has squelched the idea in a new ruling.
Guess where you can find the union label.
Digger, all they had to do was change Line 29 of the 1040 Form to allow anyone to purchase their insurance plan to get parody with the 100% small business Adjustment to Gross Income ( thank you GWB ) and large businesses and we would have had via this minor tweak the ability to be proactive and independent of Fedzilla.
Couldn't have that, because between the expansion of HSA's the potentiality of Concierge Service being paid for this via the HSA or even an FSA would have taken all the Insurance Company Paperwork out of the low end stuff and really freed up the system. can't have that either, and IMHO the DNC types were probably getting nervous that the train would leave the station if it did so they had to do a cram down of this beast called Obamacare.
And the Stupid Party was so close to the real solution, the HSA's had mushroomed in Popularity, all they had to do was be bold and go forward. Instead the grew Government @ 7% and got their relatives fat in the late 2000's, and blew all chances to give us a free market solution that might even been applicable to Medicaid and Medicare.
Now we see it was never about Health, or Care, it was about Control, both parties suck on ice and sold their souls to K-Street for Re-election money and sold us down the river.
You can't convince me otherwise than maybe a core of 20% of the House and Senate will really want Obamacare repealed even if we get both house and the POTUS in 16'.
The fine for non insurance is $2,000/year if you reimburse (like the Congress does) the Excise tax is $100/day.
The next constitutional problem with Obama's healthcare ruling is even more significant. More specifically, regardless what activist justices want everybody to think about the constitutionality of Obamacare Democratcare, the states have never delegated to the feds, via the Constitution, the specific power to regulate, tax and spend for public healthcare purposes. In fact, Justice John Marshall had officially clarified this in general as evidenced by the following excerpts.
State inspection laws, health laws, and laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, &c. are not within the power granted to Congress. [emphases added] Gibbons v. Ogden, 1824.
So Obama is not only wrongly usurping legislative powers from Congress concerning Democratcare, but he's usurping powers that the states have never delegated to Congress via the Constitution.
I agree.
That will help with the unemployment rate, too.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.