The newest Obamacare fail: penalties of$36,500 per worker

[Geaux4it]

What a great deal. No wonder libbies like abortions.

-Geaux

Hey, employers, don't even think about reimbursing your workers' health-insurance premiums.

Beginning this month, the IRS can levy fines amounting to $100 per worker per day or $36,500 per worker per year, with a maximum of $500,000 per firm.

This Internal Revenue Service penalty is not written into the Obamacare law. The amount is over 12 times the statutory amount in the Affordable Care Act of $3,000 per worker per year. That is what an employer is charged when one of its employees gets subsidized care on one of the health-care exchanges. It's 18 times the $2,000 penalty for not offering adequate health insurance.

The $100 fine is applicable not only to large firms, but also those with fewer than 50 workers that are exempt from the $2,000 and $3,000 employer penalties. Firms with one worker are exempt. The penalty for S-corporations will take effect on Jan. 1, 2016. The new rule is broad, sweeping and overly punitive.

The newest Obamacare fail penalties of 36 500 per worker - MarketWatch

 

[bendog]

I'm not a fan of Obamacare, but I'm even less a fan of employers who choose not to offer HC, even though it's the law, and then let their employees get subsidized coverage through an exchange, and then the employer covers the worker's premiums so the taxpayer pays part of the bill.

 

[TooTall]

I'm not a fan of Obamacare, but I'm even less a fan of employers who choose not to offer HC, even though it's the law, and then let their employees get subsidized coverage through an exchange, and then the employer covers the worker's premiums so the taxpayer pays part of the bill.

That sounds to me like they are playing by the rules. Employers didn't make the rules, Democrats did.

 

[OKTexas]

Yep, they're out to kill businesses, the dear leader is right on track.

 

[ClosedCaption]

Another one? When will this one happen? After Obama crushes Texas with the Military? Or maybe once Trump reveals those secret sources that shows Obama was born in Kenya?

 

[bendog]

I'm not a fan of Obamacare, but I'm even less a fan of employers who choose not to offer HC, even though it's the law, and then let their employees get subsidized coverage through an exchange, and then the employer covers the worker's premiums so the taxpayer pays part of the bill.

That sounds to me like they are playing by the rules. Employers didn't make the rules, Democrats did.

Not playing by the rules, that's why the penalty.

 

[BluesLegend]

Liberal healthcare is so fantastic, they have to force people to like it via ridiculous fines and IRS threats.

 

[SuperDemocrat]

Another one? When will this one happen? After Obama crushes Texas with the Military? Or maybe once Trump reveals those secret sources that shows Obama was born in Kenya?

It's actually written in the bill. Why do liberals act as if everything said against them is made up?

 

[g5000]

Here is the relevant IRS code involved so you can read it for yourself: Employer Health Care Arrangements

 

[Geaux4it]

When will the libbies who voted for Obama confess he is doing exactly what they elected him to do. That is screw everyone over and send big business to the bottom of the ditch.

-Geaux

 

[ClosedCaption]

Another one? When will this one happen? After Obama crushes Texas with the Military? Or maybe once Trump reveals those secret sources that shows Obama was born in Kenya?

It's actually written in the bill. Why do liberals act as if everything said against them is made up?

IDK, after the formation of death panels, Obama's birth cert from Kenya and the implementation of Sharia Law it's hard to understand why someone would question republicans honesty and credibility.

 

[TooTall]

I'm not a fan of Obamacare, but I'm even less a fan of employers who choose not to offer HC, even though it's the law, and then let their employees get subsidized coverage through an exchange, and then the employer covers the worker's premiums so the taxpayer pays part of the bill.

That sounds to me like they are playing by the rules. Employers didn't make the rules, Democrats did.

Not playing by the rules, that's why the penalty.

I do not believe that that an employer is required by law to offer HC to its employees. Tell me I am wrong!

 

[BlueGin]

Another one? When will this one happen? After Obama crushes Texas with the Military? Or maybe once Trump reveals those secret sources that shows Obama was born in Kenya?

It's actually written in the bill. Why do liberals act as if everything said against them is made up?

Because they haven't read it.