EMPLOYER MANDATE DELAYED
The White House eased the requirement that businesses with over 50 employees provide health insurance to full-time workers (at least 30 hours per week) or face a penalty, which has already been delayed a year.
Specifically, the regulations state:
- Businesses with 50-99 full-time workers will not be subject to the mandate until 2016.
- Those with more than 100 full-time workers must offer coverage to 70 percent of their full-time employees this year, and 95 percent after that.
- Volunteers are not counted as full-time employees.
- Read the Treasury Department fact sheet and the full regulations.
- In 2013, 99 percent of firms with 200 employees offered health benefits; 91 percent of firms with 50-199 employees did, according to the Kaiser Family Foundation.
Source - National Journal
ASA and its member companies are proud to be able to support their employee’s medical needs including sponsoring health insurance. While challenging and increasingly costly, ASA members recognize the duty they hold to provide for their most valuable and irreplaceable asset, their employees. ASA opposed the Affordable Care Act and is working to roll back a number of harmful provisions that do little to reduce costs, increase access or save lives, such as:
- Employer Mandate - DELAYED
- Health Insurance Tax
- Essential Benefits Requirements
- Auto-enrollment Requirements
- Limiting Association Health Plans
In 2013, one of the biggest unknowns is what employers will be required to provide, in what's known as "essential benefits". Employers will have a number of decisions to make between now and 2014. Most importantly whether to continue offering a health plan, or not and pay a penalty of $2,000 per employee. Those that do continue offering a plan, must offer one which is deemed "affordable" meaning the employee's cost of coverage (self-only coverage) must not exceed 9.5% of family income. Additionally, the plan's coverage must also be of "minimum value", in that the plan's share of allowed benefit cost must be more than 60%.
In other words, it has to be affordable, yet also be a substantial plan that covers an employee's needs, as will be defined by the regulations outlining essential benefits.
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Coalition Letter of Support to Reprensenatives Boustany Matheson in Support of Repealing the Health Insurance Tax (HIT).
Coalition Letter of Support to Boehner/Pelosi thanking them for taking up H.R. 436, "the Health Care Cost Reduction Act of 2012"
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Letter of thanks for Congressman Guinta for introducing H.R. 2206, "the Auto Enroll Repeal Act"
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Letter of Thanks to Representatives Boustany and Boren for Introducing Legislation Repealing the Health Insurance Tax
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