Obamacare Has Unforeseen Consequences

[Danzig]

Originally Posted by Rudeboyelvis

Where does $5,000.00 per employee come from?

The way I was led to understand this - and feel free to correct - any company with over 50 employees can either sponsor a healthcare plan for each employee or pay a 750.00 per person fine to Obama.

not sure how it would work with a restaurant like denny's. is it a franchise or corporate? if it's a franchise, it's going to be under 50.
as for over 50-what if the company didn't have insurance, does it have to start having it now? i don't think that's correct. i think they just want those with large group to keep it for now. eventually that'll change.

and that brings up an interesting point. you see, if you work at a place with group coverage, you cannot leave the group and go on your own. which means, no subsidy. so, what does a company do? some of their employees will wish to keep the group, while others may not, because if they didn't have group, they may qualify for subsidies by going thru an exchange. and if you qualify for a subsidy, your coverage also would be subsidized (your stop loss and deductibles would be different than others who make more money).
also, take not-there aren't currently five different pay levels for age groups. that's going to change to three, which will make older people happier. younger, not so much.