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To: Kaslin
Starting in 2015, companies employing 50 or more people must offer affordable health-care coverage to anyone working 30 hours a week or more.

"Affordable" means different things to different people, but the median household income in the US was $51,017 in 2012, so a health insurance bill of $20,000 is probably more than a "big ****ing deal" (to quote VP Biden) to most households.

I don't see socialized medicine, I see an epic Chicxulub asteroid impact. (Don't get sick for the next few years!)

9 posted on 12/01/2013 10:25:13 AM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Sooth2222
Affordable (in the govenment's eyes) means 9.5% of annual salary compared to the cost of individual coverage. If an employer provides that, then no matter how expensive family coverage is they still can't get subsidized rates on Obamacare. This will be huge because it is people in lower income jobs that tend to have employee only coverage.

I used to think the option was for employees to get their employers to dump coverage, but the penalty is $2000 per employee of your total workforce, even if only one employee is without coverage. It is all or nothing.

13 posted on 12/01/2013 10:58:06 AM PST by USNBandit (sarcasm engaged at all times)
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To: Sooth2222
Oops, didn't turn off the underline.

Affordable (in the govenment's eyes) means 9.5% of annual salary compared to the cost of individual coverage. If an employer provides that, then no matter how expensive family coverage is they still can't get subsidized rates on Obamacare. This will be huge because it is people in lower income jobs that tend to have employee only coverage.

I used to think the option was for employees to get their employers to dump coverage, but the penalty is $2000 per employee of your total workforce, even if only one employee is without coverage. It is all or nothing.

15 posted on 12/01/2013 10:59:31 AM PST by USNBandit (sarcasm engaged at all times)
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