With apologies to Ace on the "in your mouth" joke, it's still worth knowing that the Obama administration just gave the unions a hand job on Obamacare, and you're paying for it:
It's official: Union-managed multi-employer health insurance plans are getting a special exemption from an Affordable Care Act — also known as Obamacare — tax. To make up for the lost revenue, taxes are going up on other plans.Obama officials say this isn't just a union hand job, since it applies to all self-insured health plans that don't use a third-party administrator. That, of course, doesn't fly because pretty much nobody but unions use that arrangement. Plans of that ilk exist primarily under the Taft-Hartley Act, which applies specifically to unions:
The rules change, first proposed by the White House earlier this month, was announced by the Health and Human Services Department on Monday evening. The change exempts “self-administered, self-insured group health plans” from the law's reinsurance fee.
The shift will raise the cost of the tax for those who do pay to $44 a year. It had previously been $42. In essence, the change is forcing those who don't get the exception to pay an extra $2 for those who do.
The phrase “self-administered, self-insured group health plans” would include multi-employer plans. These are also known as “Taft-Hartley plans” and are widely provided by organized labor groups to their members.Heaven forbid that the unions pay their share of Barry's healthcare boondoggle.
Update: Just to clarify, the fee applies to each covered employee, so it adds up quickly.
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