Read and tell me Obamacare doesn't SUCK for my company

[mirage62 0]

From “The Kiplinger Letter”
“Firms offering insurance must pay and annual fee of $1 for each of the average number of people covered in 2012. That fee end in 2018. (and goes up) The money will be fund grants for research into the effectiveness of medical treatment.

A $63.00 per person fee starting in 2014 on all firms that offer insurance. The Feds will send that money to the states which will funnel it to insurers to help buffer the impact on insurance premiums from covering individuals who wind up with high medical claims.”

Fact: I provide 100% paid insurance for my employees. We have since the 1970’s
Fact: The above will cost me over $1,473.00 a year.
Fact: I have LESS than 50 employees so I am not subject to the $2,000 fine if I don’t provide health care.

Why in the HELL would you charge a firm with under 50 employees the above who IS providing the employees’ health care??????? If I stop I save the $1,473.00.

The above are more of the details we had to pass the bill to see what was in it.

BTW the “tax credit” I was supposed to get because I offered company paid health insurance – remember that? Well that credit was only for companies SMALLER than mine.

What a bunch of BS. I'm being forced to NOT provide insurance. In the end I will make sure my employees are taken care of but this is a cluster fuck

Kevin Keenan is my hero, a double FUP, he does so much with so little

[rushmc 23]

What a bunch of BS. I'm being forced to NOT provide insurance. In the end I will make sure my employees are taken care of but this is a cluster fuck

This has been the goal from the begining
Run private insurance out of business so the gov can step in and save the day with what THEY want
Gov controled single payer

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[wayneflorida 0]

Your an evil employer and don't need that $1,473.00.

Oh by the way, your audit notice is in the mail.

And since the government really wants to give you the finger. The bend over exam is now part of the FAA medical.

Not really I made that last part up.

[labrys 0]

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I'm being forced to NOT provide insurance.

That's bullshit. In your case, since you're providing 100% paid insurance (good for you, BTW), the worst thing you're being forced to do is ask your employees to pay about 5 dollars a month for their insurance to cover your additional costs instead of nothing. That's if you have 25 employees.

Being asked to pay a couple of dollars a month far from sucks. I pay hundreds of dollars a month for my company health care. That doesn't suck either (to me). At least I have health care.

You said you'd take care of your employees and that's great. What you should also do is provide constructive feedback to your legislators about what you see as the illogical stuff. It's impossible to write any large legislation that doesn't have errors , loopholes, and manages to cover every situation.

Owned by Remi #?

[mirage62 0]

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the worst thing you're being forced to do is ask your employees to pay about 5 dollars a month for their insurance to cover your additional costs instead of nothing.

HUH??? So your saying that I should take this cost to the employees??

Re-read what I wrote. WHY have a company that is smaller than 50 employees PAY this????? The fact that I chose to provide it isn't a reason to charge me!!!

I put this to the employees that I would give everyone in the company a raise equal to the amount of the insurance I pay for now - what would they think of that idea. NOT ONE wanted that. Why because the cost of insurance is going up and they don't trust Obama care...............

I'm glad that you purchase your on insurance (or pay for part of it) good idea. FWIW I speak personally to my legislators and write letters.

Quote

That's bullshit.....

Listen we don't know one another, you may be Warren Buffet.... but when other companies opt to pay the $2,000 fine LOWERING there operating cost by - in my case - $2,200 x 25 = $55,000 that adds up to an advantage to them. I understand the "keep good employees" part of this but again I don't have 50 employees. Why make me pay the "as you put it" $5.00......

It's a pile of shit.

Kevin Keenan is my hero, a double FUP, he does so much with so little

[airdvr 210]

You're an evil business owner and must be punished. I'm guessing you didn't get the memo.

Please don't dent the planet.

Destinations by Roxanne

[Remster 30]

http://money.cnn.com/2013/05/21/smallbusiness/obamacare/index.html?hpt=hp_t3

Remster

[livendive 8]

mirage62

From “The Kiplinger Letter”
“Firms offering insurance must pay and annual fee of $1 for each of the average number of people covered in 2012.
...
A $63.00 per person fee starting in 2014 on all firms that offer insurance.
...
Fact: The above will cost me over $1,473.00 a year.
...
BTW the “tax credit” I was supposed to get because I offered company paid health insurance – remember that? Well that credit was only for companies SMALLER than mine.

It sounds like you have 23 employees ($63 * 23 = $1449, plus $23 @ $1 each = $1,472).

The tax credit covers companies with up to 25 employees, not including owners.

So, if the average annual wage of your employees is less than $50,000/year, it would seem that you should be eligible for the tax credit.

Blues,
Dave

"I AM A PROFESSIONAL EXTREME ATHLETE!"
(drink Mountain Dew)

[Gravitymaster 0]

This is just the beginning of your troubles with the government. As usual, the original legislation was written in such a way that it would be acceptable for the more conservative Democrats to vote for it. I am very sure that the original healthcare bill will be modified and become more and more expensive as 'mericans demand more from the government.

[turtlespeed 226]

Gravitymaster

This is just the beginning of your troubles with the government. As usual, the original legislation was written in such a way that it would be acceptable for the more conservative Democrats to vote for it. I am very sure that the original healthcare bill will be modified and become more and more expensive as 'mericans demand more from the government.

Lets not forget the non 'mericans.

I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

[kelpdiver 2]

mirage62

***
I put this to the employees that I would give everyone in the company a raise equal to the amount of the insurance I pay for now - what would they think of that idea. NOT ONE wanted that. Why because the cost of insurance is going up and they don't trust Obama care...............

that and the fact that this money would be taxed, whereas the money you pay and any portion of the premiums I pay are exempt. So what you proposed would be a loss in pay on day 1 equal to 35% of the amount paid now. And then of course would get worse. Individual plans are much more volatile in pricing than group plans.

[Gravitymaster 0]

turtlespeed

***This is just the beginning of your troubles with the government. As usual, the original legislation was written in such a way that it would be acceptable for the more conservative Democrats to vote for it. I am very sure that the original healthcare bill will be modified and become more and more expensive as 'mericans demand more from the government.

Lets not forget the non 'mericans.

Si'

[mirage62 0]

Thanks Dave, I will look into this, my accountant told me I didn't qualitfy. I have more than 23 employees BUT some don't take the insurance because they have better insurance provided by there spouse. I used the number (23) that I provide for my example. Maybe that is the reason?

Kevin Keenan is my hero, a double FUP, he does so much with so little

[livendive 8]

mirage62

Thanks Dave, I will look into this, my accountant told me I didn't qualitfy. I have more than 23 employees BUT some don't take the insurance because they have better insurance provided by there spouse. I used the number (23) that I provide for my example. Maybe that is the reason?

Yeah, that might do it. Not sure whether they count uninsured employees, but it wouldn't surprise me if they do.

Blues,
Dave

"I AM A PROFESSIONAL EXTREME ATHLETE!"
(drink Mountain Dew)

[labrys 0]

Quote

Listen we don't know one another, you may be Warren Buffet.... but when other companies opt to pay the $2,000 fine LOWERING there operating cost by - in my case - $2,200 x 25 = $55,000 that adds up to an advantage to them.

Are you saying that you pay $2,200 dollars a year per employee for their health insurance? That's really, really low compared to the national average of about $12,000, with the average employee paying about $2,700 per year out of that.

All I was trying to say is that for most average folks who pay $200-$250 a month for our share of the premiums, and for everyone out there who don't have insurance, whining about an additional 5 dollars per month per employee because you don't want to pass the cost along to them won't get you much sympathy.

It's clearly your opinion that it SUCKS with all capital letters to have that additional 5 dollars per month per employee. I think that you're overreacting a bit. Some percentage of the taxes and fees that I pay to the government go for things I'm not happy about either, but I suck it up and send my feedback to my reps.

And FWIW, I'm not Warren Buffet. I'm just a bithead at a sub 25 employee company.

Owned by Remi #?

[kelpdiver 2]

labrys

Are you saying that you pay $2,200 dollars a year per employee for their health insurance? That's really, really low compared to the national average of about $12,000, with the average employee paying about $2,700 per year out of that.

12k is the national average? Seems rather unlikely - even in CA, when I've been paying for the highest priced PPP plan on COBRA, we're talking 600-700/month, and 400/mo was what I paid on a prior one in 2006. PCP/HMO type plans run 25% less.

The 'cadillac' tax was supposed to kick in around 10k, as I recall.

I think you need to verify that number.

[mirage62 0]

Quote

Are you saying that you pay $2,200 dollars a year per employee for their health insurance?

No, that was the saving by dropping the insurance...

Quote

because you don't want to pass the cost along to them won't get you much sympathy.

I wasn't looking for sympathy, you seem to WANT to make it out that I am only upset about the $5.00. That's just foolishness.

READ this slowly. I am upset that I have to pay the $5.00 and the $168.00 fee's when I provide the insurance BUT I am under the 50 person limite for being forced to provide insurance.

I'm glad that you are happy to pay for things in your taxes that you don't agree with.

You don't have ANY IDEA (Look "caps") how much sleep I will lose over your feeling that I am overreacting a bit

Peace and so long.

Kevin Keenan is my hero, a double FUP, he does so much with so little