Posted on 11/11/2012 8:03:51 AM PST by Renfield
Businesses with 50 or more employees who average at least 30 hours of work a week will be subject to the Obamacare insurance coverage mandate.
Companies are reportedly planning large layoffs due to the implementation of Obamacare.
But, companies can potentially avoid being subject to Obamacare's insurance requirements by limiting employees’ weekly hours to less than the 30 hour level defined by Obamacare as “full-time.”
A little-known section in the ObamaCare health reform law defines “full-time” work as averaging only 30 hours per week, a definition that will affect some employers who utilize part-time workers to trim the cost of complying with the ObamaCare rule that says businesses with 50 or more full-time workers must provide health insurance or pay a fine.
“The term ‘full-time employee’ means, with respect to any month, an employee who is employed on average at least 30 hours of service per week,” section 1513 of the law reads. (Scroll down to section 4, paragraph A.)
That section, known as the employer mandate, requires any business with 50 or more full-time employees to provide at least the minimum level of government-defined health coverage to those employees. In other words, a business must provide insurance if it has 50 or more employees working an average of just 30 hours per week, which is 10 hours per week fewer than the traditional 40-hour work week.
Thus, by cutting employees’ hours to ensure they average less than the 30 per week, employers could potentially avoid the cost of providing the minimum insurance levels mandated by Obamacare.
Of course, the MSM will reach into its bag of tricks where it got “staycation” and “funemployment” from, and come up with some term to make this sound better. Anybody want to guess what that will be?
Obama will sign an Executive Order saying that no business can make any decisions unless King Obama approves
Rectified with an exec order banning part time employment.
It’s already happening. The 40+ workers will find themselves working part time jobs, no insurance, facing death panels, unless they’re a union whore.
Well for years the left has been clamoring for shorter week like the Eurotrash get. Unless you are the owner though. 99% of the owners look at 12 hours as a half day.
In which case he might as well follow this with another one banning closing any business, whether you're making money or not.
I remember fifty years ago, when our high school teacher told us that in the future the average work week would be 30-35 hours so everyone could have a job, as there would be too many people to give everyone a 40 hour weekly job.
Looks like they were correct.
It’s already happened here. Now they are trying to work two jobs.
Each full timer will be replaced by two part timers.
The unemployment rate will magically be cut in half.
Who knows? Until we get conquered as a nation, we might all be happier being destitute, but only working a few days a week. (Maybe three 9 and 1/2 hour days?)
Here’s what is real scary, the day that only one person in a household will be able to work a full-time job. Technology is making the number of jobs needed less and less with each passing year, so the argument will be, why should their be two wage earners in a house when there are so many others who can’t even get one job?
“It’s already happening. The 40+ workers will find themselves working part time jobs, no insurance, facing death panels, unless they’re a union whore.”
Businesses with more than 50 employees who cannot move a significant number of employees to part time will end their health coverage and pay the $2000 per employee fine to the government. This will allow them to avoid the $6000+ annual cost of insuring an employee. Of course the employee will be required by law to have insurance and will have to buy it on the open market, effectively reducing her/his consumable income. For the business converting from paying health insurance to paying the fine, it is a net plus. Collecting fines is also a plus for the government. Everyone wins except the employee, as usual.
This is what they do in France. People have 2 or 3 jobs. Great, we have finlly become France.
The leftist tools has already called for punishing companies that layoff employees.
Somebody who wants to be a reporter is going to have to do a lot of work on their own time in the future. They may well not be so happy to do that particularly when their job no longer provides medical insurance at all ~ without those state exchanges, and no federal exchanges having been appropriated for, there will be no private health insurance available for working people.
WAY TO GO OBAMA!!!!
Well sure, kill enough jobs and it makes them look like a sage.
I could predict there will only be a need for 100 workers in the near future, and Obama looks as if he’s going to prove me right.
The standard for urban workers in Big China is to share a job.
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