SUBSCRIBE | NEWSLETTERS | MAPS | VIDEOS | BLOGS | MARKETPLACE | CONTESTS
TRY BACKPACKER FREE!
SUBSCRIBE NOW and get
2 Free Issues and 3 Free Gifts!
Full Name:
Address 1:
Address 2:
City:
State:
Zip Code:
Email: (required)
If I like it and decide to continue, I'll pay just $12.00, and receive a full one-year subscription (9 issues in all), a 73% savings off the newsstand price! If for any reason I decide not to continue, I'll write "cancel" on the invoice and owe nothing.
Your subscription includes 3 FREE downloadable booklets.
Or click here to pay now and get 2 extra issues
Offer valid in US only.


» Welcome Guest
[ Log In :: Register ]

 

[ Track This Topic :: Email This Topic :: Print this topic ]

reply to topic new topic new poll
Topic: Health Care question, concerning the penalty< Next Oldest | Next Newest >
 Post Number: 1
gorgescrambler Search for posts by this member.

Avatar



Group: Members
Posts: 676
Joined: Jul. 2006
PostIcon Posted on: Nov. 16 2012, 10:17 am  Skip to the next post in this topic. Ignore posts   QUOTE

A business has 10 full time employees with benefits. They have 100 part time employees who average 26 hours per week. The total yearly hours of the 100 is 135,200, which divided by 2080(based on 40 hours) is the same as 65 full timers. This gives a total of 45 full timers, (minus 30 with the exemption given by the Health bill). The question is, does the business have to pay penalties on 45 employes which would amount to approx $90,000 on top of the insurance that is already being paid to the 10 full timers that already get benefits  ?
Offline
Top of Page Profile Contact Info 
 Post Number: 2
Hungry Jack Search for posts by this member.

Avatar



Group: Members
Posts: 2284
Joined: Nov. 2002
PostIcon Posted on: Nov. 16 2012, 11:27 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Doesn't the law only apply fines based on the number of full-timers who aren't receiving health insurance? This is why some companies are shifting workers to part-time schedules.

--------------
Summon the Minions!
Offline
Top of Page Profile Contact Info 
 Post Number: 3
gorgescrambler Search for posts by this member.

Avatar



Group: Members
Posts: 676
Joined: Jul. 2006
PostIcon Posted on: Nov. 16 2012, 12:21 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

From what we understand the tally on part timers is used to find a full time equivalency total and this is used to determine the 50 employee target- penalty point. That said, on the example I gave, the penalties are still approx half the cost of providing health insurance for the companies bottom line. This would be the reason companies would shift to part timers.
This exchange still does not answer the question asked about the 45 employees.
Offline
Top of Page Profile Contact Info 
 Post Number: 4
High_Sierra_Fan Search for posts by this member.

Avatar



Group: Members
Posts: 43807
Joined: Aug. 2005
PostIcon Posted on: Nov. 16 2012, 12:26 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Healthcare answers:
http://www.healthcare.gov
Offline
Top of Page Profile Contact Info 
 Post Number: 5
gorgescrambler Search for posts by this member.

Avatar



Group: Members
Posts: 676
Joined: Jul. 2006
PostIcon Posted on: Nov. 16 2012, 2:07 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(High_Sierra_Fan @ Nov. 16 2012, 12:26 pm)
QUOTE
Healthcare answers:
http://www.healthcare.gov

That is the site where the original question came from. It does not answer it, or we are missing it.
Offline
Top of Page Profile Contact Info 
 Post Number: 6
High_Sierra_Fan Search for posts by this member.

Avatar



Group: Members
Posts: 43807
Joined: Aug. 2005
PostIcon Posted on: Nov. 16 2012, 2:27 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

I guess we'll see in 2014?
Offline
Top of Page Profile Contact Info 
 Post Number: 7
gorgescrambler Search for posts by this member.

Avatar



Group: Members
Posts: 676
Joined: Jul. 2006
PostIcon Posted on: Nov. 16 2012, 2:42 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(High_Sierra_Fan @ Nov. 16 2012, 2:27 pm)
QUOTE
I guess we'll see in 2014?

:D Yes we will. But decisions have to be made now because of the 1 year look back.
Offline
Top of Page Profile Contact Info 
 Post Number: 8
WalksWithBlackflies Search for posts by this member.
Resident Eco-Freak Bootlicker
Avatar



Group: Members
Posts: 10151
Joined: Jun. 2004
PostIcon Posted on: Nov. 16 2012, 2:54 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

In that case, the worst possible situation is probably closest to reality.

--------------
When I let go of what I am, I become what I might be. - Lao Tzu
Offline
Top of Page Profile Contact Info 
 Post Number: 9
High_Sierra_Fan Search for posts by this member.

Avatar



Group: Members
Posts: 43807
Joined: Aug. 2005
PostIcon Posted on: Nov. 16 2012, 3:20 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(gorgescrambler @ Nov. 16 2012, 11:42 am)
QUOTE

(High_Sierra_Fan @ Nov. 16 2012, 2:27 pm)
QUOTE
I guess we'll see in 2014?

:D Yes we will. But decisions have to be made now because of the 1 year look back.

Until the regulations are actually finalized internet porn is probably a more productive outlet for all that tension.
Offline
Top of Page Profile Contact Info 
 Post Number: 10
Hungry Jack Search for posts by this member.

Avatar



Group: Members
Posts: 2284
Joined: Nov. 2002
PostIcon Posted on: Nov. 16 2012, 3:24 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

It's not the same situation, but the scenario described reminds me of the French law passed under Lionel Jospin (since rescinded) that limited the work week in France to 35 hours (down from the official 39 hour week) before additional compensation kicked in.

The reasoning behind the law was that it would increase hiring to compensate for the 4 hours of work capacity that was legally withheld from the labor force.

The law was adjusted in 2008 to eliminate mandatory compensation when work hours exceeded 35 during the week.


--------------
Summon the Minions!
Offline
Top of Page Profile Contact Info 
 Post Number: 11
buzzards Search for posts by this member.

Avatar



Group: Members
Posts: 2042
Joined: Apr. 2005
PostIcon Posted on: Nov. 16 2012, 3:34 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Hungry Jack @ Nov. 16 2012, 9:27 am)
QUOTE
Doesn't the law only apply fines based on the number of full-timers who aren't receiving health insurance? This is why some companies are shifting workers to part-time schedules.

That is my understanding as well. But look at the bright side! Soon everyone will be working 56 hours each week-two 28 hour jobs-and fending for themselves for health care.

--------------
Now shall I walk or shall I ride?
Ride, said pleasure,
Walk, Joy replied,
Offline
Top of Page Profile Contact Info 
 Post Number: 12
gorgescrambler Search for posts by this member.

Avatar



Group: Members
Posts: 676
Joined: Jul. 2006
PostIcon Posted on: Nov. 16 2012, 3:42 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(High_Sierra_Fan @ Nov. 16 2012, 3:20 pm)
QUOTE

(gorgescrambler @ Nov. 16 2012, 11:42 am)
QUOTE

(High_Sierra_Fan @ Nov. 16 2012, 2:27 pm)
QUOTE
I guess we'll see in 2014?

:D Yes we will. But decisions have to be made now because of the 1 year look back.

Until the regulations are actually finalized internet porn is probably a more productive outlet for all that tension.

You can do the internet porn to release your tension absolutely; but to the topic, business owners and managers have to stay focused and plan for the future.
Offline
Top of Page Profile Contact Info 
 Post Number: 13
High_Sierra_Fan Search for posts by this member.

Avatar



Group: Members
Posts: 43807
Joined: Aug. 2005
PostIcon Posted on: Nov. 20 2012, 1:28 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

The NRA has the answer: no, they only count towards the FTE calculation.:
"Get The Facts

Q:
Do I have to offer coverage for my part-time employees?

A:
No. Part-time employees (those working fewer than 30 hours per week on average) are counted only in determining whether an employer meets the 50 full-time-equivalent threshold for coverage under the law. The employer responsibility section of the law doesn’t require employers to offer health care coverage to part-time employees or pay health care penalties for them."
Offline
Top of Page Profile Contact Info 
 Post Number: 14
gorgescrambler Search for posts by this member.

Avatar



Group: Members
Posts: 676
Joined: Jul. 2006
PostIcon Posted on: Nov. 20 2012, 7:35 pm Skip to the previous post in this topic.  Ignore posts   QUOTE


(High_Sierra_Fan @ Nov. 20 2012, 1:28 pm)
QUOTE
The NRA has the answer: no, they only count towards the FTE calculation.:
"Get The Facts

Q:
Do I have to offer coverage for my part-time employees?

A:
No. Part-time employees (those working fewer than 30 hours per week on average) are counted only in determining whether an employer meets the 50 full-time-equivalent threshold for coverage under the law. The employer responsibility section of the law doesn’t require employers to offer health care coverage to part-time employees or pay health care penalties for them."

Thanks for the link HSF, that is huge. Lots of small companies will struggle to add health care for full timers, but most will adjust hopefully. A penalty on the equivalent number(45 in my example) would be a death blow to many businesses like my friends above.
Offline
Top of Page Profile Contact Info 
13 replies since Nov. 16 2012, 10:17 am < Next Oldest | Next Newest >

[ Track This Topic :: Email This Topic :: Print this topic ]


 
reply to topic new topic new poll

» Quick Reply Health Care question
iB Code Buttons
You are posting as:

Do you wish to enable your signature for this post?
Do you wish to enable emoticons for this post?
Track this topic
View All Emoticons
View iB Code



Get 2 FREE Trial Issues and 3 FREE GIFTS
Survival Skills 101 • Eat Better
The Best Trails in America
YES! Please send me my FREE trial issues of Backpacker
and my 3 FREE downloadable booklets.
Full Name:
City:
Address 1:
Zip Code:
State:
Address 2:
Email (required):
Free trial offer valid for US subscribers only. Canadian subscriptions | International subscriptions