Companies are dropping coverage of workers' spouses at a blistering speed these days ahead of the 2014 launching of Obamacare
By denying coverage to spouses, employers not only save the annual premiums, but also the new fees that went into effect as part of the Affordable Care Act. This year, companies have to pay $1 or $2 “per life” covered on their plans, a sum that jumps to $65 in 2014. And health law guidelines proposed recently mandate coverage of employees’ dependent children (up to age 26), but husbands and wives are optional. “The question about whether it’s obligatory to cover the family of the employee is being thought through more than ever before,” says Helen Darling, president of the National Business Group on Health. On top of that, we see several large companies like Wal Mart and Applebees monkey with employee hours so as not to be forced to comply with Obamacare in 2014. Public outrage over Appebees's move caused the company to re-tract its position. but the point was loud in clear: Obamacare versus Corporate America
No comments:
Post a Comment