quote:
For argument's sake let's say that the majority of the part-time workers are the "younger workers" the ACA needs signing up in order to balance the books. How many of these workers will get subsidies? How much of a subsidy will there be? Will it be enough to offset the money they saved by not purchasing health insurance through their employer? Will this extra cost (if it exists) be enough to make being on government subsidy (welfare, food stamps, etc) more economical for them?

I doubt the part time "younger" workers are the ones enrolling. Its the middle aged and older that would enroll. The young unless they have health problems tend to opt out if they can, which is the whole point of obamacare.

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he thing to be on the lookout for is when the biggest fishes in the pond of part-time employees (like WalMart and McDonald's) make their decision (they have just under a year since the employer mandate kicks in next year).

Definitely agree that walmart could make waves but McD's health insurance is just atrocious and a key demand in the strikes is better health care. So I doubt that is that big of a deal when announced. Plus most of their employees dont' qualify for what anemic benefits they give.

But this is clearly bad news for obamacare.

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Posted by Bard

Definitely NOT an admin

Member since Oct 2008

51812 posts

Posted on 1/22/14 at 1:34 pm to Hawkeye95

quote:
Are they completely dropping them or are they giving them X dollars to go buy their own plans

Completely dropping them.

quote:
I doubt the part time "younger" workers are the ones enrolling. Its the middle aged and older that would enroll. The young unless they have health problems tend to opt out if they can, which is the whole point of obamacare.

The only way you can "opt out" of the ACA is if your employer is providing coverage that meets the ACA's standards or is better or you pay a fine*.

*The fine (currently) is 1% of your income or $95/year, whichever is greater. What this means is that unless you make $9,500 per year or less, you will be paying more than $95/year. When the IRS starts collecting this (Spring 2015), if someone's income was higher than projected, that person will have to pay the excess subsidies they received. And which economic levels will get the most subsidies? The poor.

What this means in a broader scope is that, just like other government programs people will be penalized for trying to make more money.

There's no upside here.

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