In previous issues of Flatlines, we reported how much money several large employers have had to pay already to fund ObamaCare.
A new survey by Mercer, a worldwide consulting firm, reveals how many employers will be affected by ObamaCare’s coverage requirements.
· 38% of employers will be required by ObamaCare to pay $3,000 per employee whose coverage is deemed ‘unaffordable’ under ObamaCare, if their employee receives a subsidy and buys their coverage in the exchange.
· 49% of large employers currently don’t offer health insurance to part-time workers who work 30 hours or more per week and under ObamaCare, those employers will have to pay a penalty. This mandate will create some tough decisions for employers as it provides an incentive to limit the amount their employees can work.
· 61% of all employers have lifetime limits on their PPO plans. These employers will have to change their plans since no health insurance plan under ObamaCare will be allowed to have a lifetime cap.
For previous ObamaCare Flatlines, go here http://www.gop.gov/obamacare.