02-04-2016, 06:20 PM
(02-04-2016, 05:14 PM)fredtoast Wrote: What? Companies with unionized work forces are exempted from the ACA? Do you have a link to back that up?
http://www.forbes.com/forbes/welcome/#5a1aa41dbaa0
Just search unions exempt from Obamacare
Loads pop up.
Quote:The White House Earns Its Union Label
In addition to delaying and rewriting key ACA provisions and carving out a special subsidy for members of Congress, Obama’s latest constitutional violation will exempt unions from a fee the law imposes upon all large group health plans. That provision which appears in Section 1341 (b)(1)(A) establishes a reinsurance program to compensate insurers on exchanges in the individual market if they are hit with higher than expected costs to cover those with pre-existing conditions. This will come from insurers and self-insured employers who pay in proportion to the number of people they cover. The target is to raise $25 billion during 2014, amounting to $63 per covered employee. The union exemption would kick in for 2015 and 2016.
As reported in a Wall Street Journal editorial, “The unions hate this reinsurance transfer because it takes from their members in the form of higher premiums and gives to people on the exchanges.”