future-healthcare-Obama

Which way are we going?

According to an article posted by Stephen Miller (www.shrm.org), less than 1/3 of our states have made policy/procedure change in preparation for Healthcare Reform statutes taking effect in 2014.

Read what you will into this, but it seems optimism is shaky for Obamacare being implemented in its current state and/or on the current timeline. Considering as of 1/1/2014, States will be subject to penalties,* one might think they would be more diligently pushing towards a deadline that is only 17 months away. Unless…..ah, make your own conclusions.

*Employer penalties, with thanks to SHRM.org,fyi:

Health Exchanges and Employer Penalties

As the law now reads, beginning in 2014 companies with 50 or more full-time equivalent employees that do not offer insurance will be fined up to $2,000 per employee (less the first 30 employees) if an employee enrolls in an exchange plan and is eligible to receive a tax credit or subsidy.

In addition, companies with 50 or more full-time equivalent employees that do offer insurance can be fined up to $3,000 for each employee who enrolls in an exchange plan and is eligible to receive a tax credit or subsidy. To avoid the fine, the employer can offer the employee a voucher equivalent to the employer’s contribution toward health care coverage under their group health plan. The employee would use the voucher to purchase coverage from the exchange.

 

John “Whit” Whitaker is Founder and OH (Original Hardballer); like this post? Try this one, this one, or even this one….go ahead, don’t be a weenie.