It looks like labor unions might be getting tax relief from Obamacare, according to a report from kaiserhealthnews.org.
"Weeks after denying labor’s request to give union members access to health-law subsidies, the Obama administration is signaling it intends to exempt some union plans from one of the law’s substantial taxes," reads the report.
Buried in rules issued last week is the disclosure that the administration will propose exempting “certain self-insured, self-administered plans” from the law’s temporary reinsurance fee in 2015 and 2016.
That’s a description that applies to many Taft-Hartley union plans acting as their own insurance company and claims processor, said Edward Fensholt, a senior vice president at Lockton Cos., a large insurance broker.
Insurance companies and self-insured employers that hire outside claims administrators would still be liable for the fee, which starts at $63 per insurance plan member next year and is projected to raise $25 billion over three years.
I'm all for letting them do this. It will be amazingly hilarious when a Republican is in power and unilaterally revokes the unilateral exemptions granted by the administration.
No shite... I would hate the precedent that gov could pass a law today and retroactively tax me from 2011.
They'd just be taxing them on taxes they should have paid but didn't.
quote:I said in a post a while back that Sebelius had nearly unlimited power re the ACA, via "at the discretion of the secretary."
How is that legal...
How is that legal...
AFL-CIO President Richard Trumka said Wednesday in a conference call that a possible exemption had been offered that could include labor's plans, often referred to as Taft-Hartley plans.
"We continue to work to address several problems that we have," he said. "Part of the solution that's been offered doesn't just apply to Taft-Hartleys, it applies to self-insured funds whether they're Taft-Hartleys or not."
If the change goes into effect, many unions would get partial relief on one of several health-law issues that have vexed them. This past summer, the White House rejected unions' main demand to allow their lower-paid members enrolled in Taft-Hartley plans to receive federal insurance subsidies, citing a Treasury Department determination that such a move isn't legal.