Obamacare Glitch Could Make Coverage Unaffordable For Low-Wage Workers

[Yagents]

The gov't says there is 0-1% inflation, so don't expect a big bump up in FPL levels next year. I wish I was experiencing those low inflation rates.

 

[somarco]

all I did was put on one page what you can find on the internet on 2 pages.

In compliance with the Paperwork Reduction Act. Good for you.


Bill, govt inflation is a lie.

Doesn't include the price of food or gasoline.

Of course if you never buy either then 1% inflation works for you.

 

[STIBROKER]

In compliance with the Paperwork Reduction Act. Good for you.


Bill, govt inflation is a lie.

Doesn't include the price of food or gasoline.

Of course if you never buy either then 1% inflation works for you.

you know bob ...you really need to work on your quoting skilz....it would be nice to get a email notifying us when you quote us....never understood why you edit quotes.....

 

[somarco]

never understood why you edit quotes...

Kauz sum of u r 2 wordy

 

[taterpeeler]

Kauz sum of u r 2 wordy

im dang sure not.....

 

[STIBROKER]

Kauz sum of u r 2 wordy

no....you can chop the quote...just leave the tags so it shows who you are quoting....

 

[somarco]

They know who they are . . .

 

[bluediamond]

So this morning had a conversation with a very large franchisee of a national ff chain that I write individual plans on their employee's. She is telling me that she sits on the national insurance committee with this company based out of Il, with BCBSIL and 5 other insurer's and that if she offer's affordable coverage not above 9.5% and any employee does not want it that they certainly can get a subsidy on the exchange and there is absolutely no penalty to her. They have also been more proactive than most insurance companies and have put out a book to all operator's explaining this.

Well I am either senile or fall asleep during the seminar's and webinars, but I understand that if that employee is offered coverage at 9.5% or less of their income they cannot get a subsidy and if the employee purchases on open market the employer will receive a $3000 fine for that employee.

Is it me or her? If it's me then I have set in two webinar's this week that are wrong.

 

[Yagents]

If she offers affordable MEC coverage, she won't have any penalties.....period. If employee offered this coverage, they are NOT eligible for a subsidy. But they can buy a non subsidized plan if they wish.

 

[houcoogster]

Oh well that explains it..... IL.. they get "special" treatment.