re: Target Dropping Health Ins for P/T Workers

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

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Completely dropping them.

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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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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.