Employers Must Make Changes Soon to Avoid O'care

[Yagents]

I found this comment interesting, employers will start their planning sooner than I originally thought.

Health care law may mean less hiring in 2013

The so-called employer mandate to offer health coverage doesn't take effect until Jan. 1, 2014. But to determine whether employees work enough hours on average to receive benefits, employers must track their schedules for three to 12 months prior to 2014 — meaning many are restructuring payrolls now or will do so early next year.

 

[taterpeeler]

that just means more and more people in the indy market.....which means more and more people coming to me....

 

[pahealthquotes]

indy market is going to explode come 2014. hope we can keep up with the demand.

 

[Yagents]

[FONT=times new roman, new york, times, serif]I just came across these new releases, thought they would be of interest to you (have fun):[/FONT]


[FONT=times new roman, new york, times, serif]http://www.irs.gov/uac/Newsroom/Questions-and-Answers-on-Employer-Shared-Responsibility-Provisions-Under-the-Affordable-Care-Act[/FONT]

[FONT=times new roman, new york, times, serif]http://www.gpo.gov/fdsys/pkg/FR-2013-01-02/pdf/2012-31269.pdf
[/FONT]

IRS posts PPACA employer mandate draft | LifeHealthPro

 

[taterpeeler]

hahaha... sounds like someone is crying boo hoo.... also just a hint of a threat action...

 

[bluediamond]

How are 1099 employee's going to be counted into a companies equation?

 

[Yagents]

If legally 1099, they won't be counted.

 

[moonlightandmargaritas]

How are 1099 employee's going to be counted into a companies equation?

If they're 1099, then they're NOT "employees". Reminds me of the phrase "duplicate original".

 

[SportsNut]

Doesn't sound like much new there except to 'put on notice' those big, bad employers that the IRS will NOT tolerate any fuzzy math as to the 30 hr rule.

What sticks out most to me though is the 'affordability' determination... 9.5% of gross pay. How many employees are paying that for healthcare now? I realize that their employers may be paying that but not employees. When this whole thing slides sideways and employers renig on providing coverage, pay the penalty and give the appx balance of what is left to an employee for them to buy their own coverage... if sure seems like with the increased cost of coverage and the reduced amount an employee might receive after the employer pays the penalty... the avg employee who is left to buy on the infamous exchange, isn't going to be all that happy when they have less coverage and higher oop premium.

Do others see this the same way? It also seems that the attempt to get more people insured could very well end accomplishing just the opposite before it is done. What do they call that... 'unintented consequences'.

 

[bluediamond]

If they're 1099, then they're NOT "employees". Reminds me of the phrase "duplicate original".

Yes you are correct, but there are 1099 (contractor's) that are treated as employee's except for withholding and benefits, in other words they are expected to be at work at certain time's, attend meetings, etc. Quite a few captive agency's treat their people in this manner.

Also there is nothing to stop an employer now to make most of his employee's contractors and pay them 1099 to get his/her employee count down under 50.