Monday, May 6, 2013

Employers are applying pressure to lawmakers to change the Obamacare Insurance Trigger to save jobs

Employers are putting increasing pressure on lawmakers to peel back a piece of the federal health-care law that requires firms provide insurance to employees working 30 hours a week or more. 
But such a change faces long odds on happening with only months before the requirement begins. Meanwhile, employers including cities, state agencies and charities have joined restaurants and retailers in paring workers' hours to avoid having to provide these workers insurance or pay a fee starting next year. 
Under the Affordable Care Act, employers must provide health insurance to employees working an average of 30 hours a week or more. If they don't, the employer faces fees starting at $2,000 per worker annually.
[...] 
The state of Virginia has begun implementing a 29-hour curb that will apply to 37,000 state employees who are classified as waged temporary workers, including college adjunct faculty. "Some people don't like it, and I get that, but we couldn't afford it," said Sara Redding Wilson, director of the Virginia Department of Human Resource Management. She said the cost of covering additional workers who worked more than 30 hours a week and did not currently get health insurance would have been an extra $110 million a year.
Read the full story HERE.

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