The Affordable Healthcare Act requires that employers with more than 50 employees provide health insurance to everyone working more than 30 hours a week. Companies which do not do this pay a penalty of $2,000 per employee.
It also requires individuals to carry health insurance, and if they don't have health insurance they must also pay a penalty of $95.
Due to intense lobbying, the Obama administration will allow businesses another year before they have to supply healthcare to all full time employees or pay a fine. They now have until January 2015.
Individuals, however, must have healthcare or pay a fine as of January 1st, 2014.
Which means all those employed in the hospitality, service, and other industries where healthcare is not typically provided will be required to pay a fine, or pay for their own health insurance, all while employers get a break.
Seems a little backwards, giving those in low wage jobs a "break" by delaying their receipt of affordable healthcare, smacking them with a fine if they don't pay for it out of pocket, and letting the businesses make another year's profit off cheap wage.
If they're lucky they will be making just barely enough to scrape by, but still living far enough in poverty that the individual mandate doesn't apply. Of course, they still won't have healthcare, but at least they won't be fined for being poor and without healthcare.
Comedy of errors.
http://www.bbc.co.uk/news/world-us-canada-23156568
It also requires individuals to carry health insurance, and if they don't have health insurance they must also pay a penalty of $95.
Due to intense lobbying, the Obama administration will allow businesses another year before they have to supply healthcare to all full time employees or pay a fine. They now have until January 2015.
Individuals, however, must have healthcare or pay a fine as of January 1st, 2014.
Which means all those employed in the hospitality, service, and other industries where healthcare is not typically provided will be required to pay a fine, or pay for their own health insurance, all while employers get a break.
Seems a little backwards, giving those in low wage jobs a "break" by delaying their receipt of affordable healthcare, smacking them with a fine if they don't pay for it out of pocket, and letting the businesses make another year's profit off cheap wage.
If they're lucky they will be making just barely enough to scrape by, but still living far enough in poverty that the individual mandate doesn't apply. Of course, they still won't have healthcare, but at least they won't be fined for being poor and without healthcare.
Comedy of errors.
http://www.bbc.co.uk/news/world-us-canada-23156568