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Drop Coverage? Cut Hours?
Big Firms Grapple With Obamacare

CNBC, by Bertha Coombs

Original Article

Posted By:NorthernDog, 2/20/2013 9:46:33 PM

For large retail and restaurant chains, the big unknown in the year ahead is how much more they´ll pay for health coverage. Employers with 50 or more workers who put in 30 hours a week will be required to provide health care coverage or pay a fine, under the Affordable Care Act, also called the ACA or Obamacare. That lower full-time threshold is one of the big issues business groups are trying to negotiate with the Obama administration as the rules are being finalized. Large chains like Dunkin’ Donuts parent firm Dunkin’ Brands argue that full-time status should remain

      


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Reply 1 - Posted by: Patchy groundfog, 2/20/2013 10:06:03 PM     (No. 9187947)

Checked the article and it seems CNBC forgot the propaganda about premiums going down.

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Reply 2 - Posted by: ColonialAmerican1623, 2/20/2013 11:43:05 PM     (No. 9188079)

Did they count the insurance agencies and agents they put out of business in unemployment stats ?

How many more will this put on food assistance ?

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Reply 3 - Posted by: tappin52, 2/21/2013 6:22:56 AM     (No. 9188266)

I just had a thought. Couldn´t like businesses in a given area "share" employees? That way retail/food service/etc workers could go from business to business in an area, working no more than 20 hours per store per week. The employers are going to cut the hours anyway, and this way similarly trained employees could at least have enough hours for some money at the end of the week.

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Reply 4 - Posted by: Spidey, 2/21/2013 6:41:13 AM     (No. 9188288)

My guess is employers will pay the fine instead and when that happens,Obama will simply raise the fines.There´s no getting away from this nightmare unless the costs start slapping a lot of liberals.

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Reply 5 - Posted by: tommyr, 2/21/2013 8:59:28 AM     (No. 9188534)

Another business to cut employee hours, besides fast food and retailers are the car rental business-whats next---airlines and health care...

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Reply 6 - Posted by: MattMusson, 2/21/2013 8:59:46 AM     (No. 9188536)

Surprise! ObamaCare has regulations that will double the cost of entry level health insurance.

Employers will be forced to drop existing plans for Part-time workers.

They did it! The Democrats have crashed the HealthCare system. (there end goal) But, no one realizes it yet.

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Reply 7 - Posted by: navybrat, 2/21/2013 3:09:04 PM     (No. 9189375)

Obama and the left will probably pass a law making it illegal to cut employee hours and to refuse them insurance coverage no matter how few hours they work.

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Reply 8 - Posted by: bob913, 2/21/2013 4:00:15 PM     (No. 9189478)

The company I work at is firing many thousands of people. They have already fired many since obama came along and the republicans went along.

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Reply 9 - Posted by: bob913, 2/21/2013 4:10:56 PM     (No. 9189493)

The supermarkets here in California only pay for part time workers at 32/hrs or less now thanks to obamacare. They had a big strike several years ago for more pay and benefits etc and it failed as they were getting paid quite well at that time.
Along comes their messiah obama and their fellow socialists who have devastated the supermarket employees ability to make a living!

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