Posted on 12/15/2014 11:41:13 AM PST by Oldeconomybuyer
For two decades Atlanta restaurant owner Jim Dunn offered a group health plan to his managers and helped pay for it. That ended Dec. 1, after the Affordable Care Act made him an offer he couldn’t refuse.
Health-law subsidies for workers to buy their own coverage combined with years of rising costs in the company plan made dropping the plan an obvious – though not easy – choice.
Companies like Dunn’s — those with fewer than 50 workers — provide medical coverage to roughly 20 million people. Unlike larger employers, they have no obligation under the health law to offer a plan. Now they often have good reason not to.
If employees qualify for government subsidies, like the managers who switched from Italian Oven’s corporate insurance to individual Obamacare coverage, everybody can win.
For some companies there is logic to ending coverage altogether.
For Italian Oven’s Dunn, “it made sense to recommend that he drop coverage,” said Elena Merino, CEO of the Meridian Group, a benefits firm in Alpharetta, Ga. “It hurts me. But that was the responsible thing to tell him.”
(Excerpt) Read more at kaiserhealthnews.org ...
But you’re not paying for YOUR healthcare with that $24,600 per year,
you’re paying for someone far more deserving,
someone that supports the leftists in power.
Nope is on us, they are exempt. :-)
You may not have noticed but that is over half of his pretax income. If people don't revolt over this then we are doomed because they will stand for anything.
Details were a little lacking. If 40K is total family income, the family would be eligible to be heavily subsidized on an exchange. Depending on age and number of dependents the bronze plan premiums might be zero and the cost sharing silver plan at a few hundred a month at most. $21K in premiums for decent unsubsidized family health insurance sounds about right..
Note to employees - don’t get sick.
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