hourly workers face pay cut

[DrLeftover]

US retailers and restaurants chains that employ millions of low-wage workers are considering cutting working hours or paying fines rather than enrolling employees in health insurance plans under Barack Obama’s landmark healthcare law.



Employers are concerned that the law increases the cost of insuring employees on existing plans, partly by broadening the range of benefits. It also requires companies to insure some employees not previously covered.

http://www.ft.com/intl/cms/s/0/b2bce37c-7644-11e2-8eb6-00144feabdc0.html





Well, this is CHANGE We Can Believe In.



Nice, eh?

 

[Jazzy]

I was hoping to read the article but I get this message: [background=rgb(247, 247, 247)]FT.com articles are only available to registered users and subscribers.[/background]

 

[DrLeftover]

I'm not a registered user, nor have I ever given them any information. Oh well.



I'll try to find another edition of the same story besides this one from a known group of disgusting haters...

About 10,000 Virginia public employees are poised to see their hours cut back as Gov. Bob McDonnell continues to find ways around what he said were President Obama's costly health care reforms.

Both the Virginia House and Senate passed budget amendments that will cap part-time state workers at 29 hours a week to avoid complying with a provision in the Patient Protection and Affordable Care Act that requires businesses and governments to offer health insurance to any wage employee that averages 30 hours a week. A final budget compromise will come next week and is likely to contain the language.

http://washingtonexaminer.com/gov.-...ours-to-avoid-obamacare-costs/article/2521645

 

[Jazzy]

Thank you, Doc, for the article. One hour (IMO) is not all that bad.

 

[DrLeftover]

When you are making minimum wage, any pay cut hurts.



trust me on that one





But don't worry, the news is getting worse.

Universal Orlando plans to stop offering medical insurance to part-time employees beginning next year, a move the resort says has been forced by the federal government's health-care overhaul.



The giant theme-park resort, which generates more than $1 billion in annual revenue, began informing employees this month that it will offer health-insurance to part-timers only until December 31, 2013.



The reason: Universal currently offers part-time workers a limited insurance plan that has low premiums but also caps the payout of benefits. For instance, Universal's plan costs about $18 a week for employee-only coverage but covers only a maximum of $5,000 a year toward hospital stays. There are similar caps for other services.



Those types of insurance plans — sometimes referred to as mini-med plans — will no longer be permitted under the federal Affordable Care Act. Beginning in 2014, the law will prohibit insurance plans that impose annual monetary limits on essential medical care such, as hospitalization, or on overall spending.

http://www.orlandosentinel.com/busi...-part-time-insurance-20130219,0,4887679.story