Archive for September 13th, 2013

The Government Attack On 64% Of Insured Americans – Will Self-Funding Survive?

Friday, September 13th, 2013

george

The Affordable Care Act is supposed to be a paradise for the middle class, but now that Americans are starting to eat from the tree of knowledge, the liberal deities are trying to force them to stay inside the garden. Witness their crackdown on the booming ObamaCare alternative known as self-insurance.

No Employer Punishment Says Big Government Bosses – See, We Really Are Nice To Work With!

Friday, September 13th, 2013

worry

Employers will not be fined by federal regulators if they fail to distribute to employees health care reform law model notices about the availability of public health insurance exchanges.

Using a question-and-answer format, the U.S. Department of Labor said Wednesday that while employers should provide such notices to employees by Oct. 1, “there is no fine or penalty under the law for failing to provide the notice.”

While the Patient Protection and Affordable Care Act is clear that penalties cannot be imposed, “Internet-based rumors have circulated recently that employers could face penalties of up to $100 per day for failing to distribute the notice,” Lockton Cos. L.L.C.’s health reform advisory practice said in a bulletin.

In May, federal regulators released model notices that employers can provide to employees to satisfy the exchange notification requirement.