RSS Articles and Information
  • Save Yourself from Your Desk Job – Part II August 22, 2014
    By Sue Redmond Studies have now shown that the “couch potato” lifestyle, and even a desk job where you are sitting for long periods of time, can heighten your risk of certain diseases and even age you faster. Joan Vernikos …
  • Want to Get Lean and Fit? Don’t Do Cardio August 20, 2014
    Want to Get Lean and Fit? Then Don’t Do Traditional “Cardio” Exercise by Lee Kurisko, MD For many, this is heresy but I believe that it is true. Have you ever noticed the people frequenting the ellipticals and treadmills at …
  • The Ebola Virus: Global Threat or False Alarm? August 18, 2014
    by Adrienne Snavely The Ebola virus was discovered in 1976 near the Ebola River, in what is now Congo. All 25 outbreaks of human illness or death have occurred thus far in Africa. In rural areas, people live close to …
  • Save Yourself From Your Desk Job! August 15, 2014
    by Sue Redmond Everyone knows that the couch potato “lifestyle” is unhealthy. You come home from a hard day at work and park yourself in front of the TV. Recent studies have found your desk job may be just as …
  • Thyroid Health & Testing August 13, 2014
    Women are more likely than men to develop thyroid disorders. Thyroid disorders that can affect women include: Hyperthyroidism Hypothyroidism Thyroid nodules Thyroiditis Thyroid cancer Goiter The most common disorders are hyper- and hypo-thyroidism. Symptoms of hyperthyroid Weight loss, even if …
  • Canadian Consumer Tax Index 2014 August 12, 2014
    Canadian families spend more money on taxes than on food, clothing, and shelter combined.The Fraser Institute’s Canadian Consumer Tax Index tracks the total tax bill of the average Canadian family from 1961 to 2013 by adding up the various taxes …
  • Keys to Exercise Success August 11, 2014
    by Lee Kurisko, MD I have had exercise as a regular habit for 41 years. Through all of that time, I have been analyzing what I do and trying to refine my approach always in search of a better way. …
  • MediBid in Kaiser Health News & Washington Post August 8, 2014
    Patients Seeking Cheaper Care Are Soliciting Bids From Doctors Online By SANDRA G. BOODMAN  AUG 05, 2014  This KHN story also ran in . It can be republished for free. (details) Francisco Velazco couldn’t wait any longer. For several years, the …
  • Are We Heading Towards a Two Tiered Health Care System? August 6, 2014
    In 2013, 117 insurance plans were offered on average in each state. Only 41 plans are offered in the exchanges, and in 16 states, consumers have access to 3 or fewer insurers.  In addition, these plans have increasingly restricted networks… …
  • OMTEC 2014 – Keynote Interview with Industry Leaders (Installment 2 of 5) August 5, 2014
    Original, essential content from OMTEC. Industry leaders Michael Butler, Dirk Kuyper and Mike Matson discuss the intricacies of supplier relationships within the orthopaedic industry.
  • OMTEC 2014 – Keynote Interview with Industry Leaders (Installment 1 of 5) August 5, 2014
    Original, essential content from OMTEC. Industry leaders Michael Butler, Dirk Kuyper and Mike Matson discuss the intricacies of supplier relationships within the orthopaedic industry.
  • Life Without Antibiotics Would Likely Be Grim August 4, 2014
    The first antibiotics came on the market after World War II. Bacteria continue to mutate so antibiotics cannot destroy them. Some have become so resistant that nothing is effective on them. A treatment that may have worked five years ago …
  • An Introduction to Fibroids August 1, 2014
    By Dayton Interventional Radiology What are Fibroids? Fibroids are non-cancerous growths that develop in the walls of the uterus. They can occur in bunches or alone, and can be very tiny or grow to the size of a cantaloupe. An …
  • Hopeful New Cancer Treatment System July 30, 2014
    Tumor-combatting drugs could allow melanoma patients to live much longer. Immunotherapy could revolutionize cancer treatment. New drugs can work in different types of cancer and last years. The two-year survival rate for advanced melanoma has improved from 10 to 25% …
  • Hobby Lobby wins Supreme Court case, can opt out of mandate July 23, 2014
    The Supreme Court ruled in favor of Hobby Lobby and against Obamacare mandates.  They decided that the government cannot force employers to violate their religious beliefs.  Christian corporation Hobby Lobby did not want to have to cover certain types of …
  • Hundreds of Newborns to have Genomes Sequenced July 21, 2014
    Genome sequencing would not replace the newborn screening tests most states require. They are researching if sequencing is better than regular screening at detecting genetic disorders, immune function, as well as metabolic disorders. Researchers believe that cataloguing a newborn’s genome …
  • VA Seeks Help from Corporate Healthcare Giant HCA July 18, 2014
    The Department of Veteran’s Affairs has recruited the Chief Medical Officer of hospital giant HCA, Dr. Jonathan Perlin, to help them find solutions for all the problems of their mismanaged system. Dr. Perlin is known for being a leader in …
  • The Trap Known as Health Insurance July 16, 2014
    The cost of health care is on the rise and is continuing to grow exponentially. One of the biggest factors to this cost is health insurance. Third parties don’t care about quality or affordability. They are spending your money for …
  • Current Health System Provides No Privacy for Patients July 14, 2014
    Dr. Deborah Peel has advocated for patient privacy for over 20 years.  She explains to the tech community how breaches in computer systems using electronic health records destroy privacy.  When patients are in control of their own money and move …
  • Is There a Link Between Saturated Fat & Heart Disease? July 11, 2014
    For the last several decades, we have been taught that saturated fats in butter, cheese, and meat are dangerous for your health. The truth is that this has never been proven. Countries that have high fat diets do not have …

Trying to duck health care’s employer rules? Don’t bother

Nothing is certain in life except death and taxes, and no time is this saying more true.  Small business owners are trying to find ways around paying the penalties listed in Obamacare for having more than 50 employees.  Some are taking drastic measures of cutting back working hours or firing people altogether.  These entreprenuers are being penalized for having prosperous businesses and running them as they see fit.

MediBid has plans available for employers so they can continue to provide coverage for their employees, but at a rate that they can afford.

Trying to duck health care’s employer rules? Don’t bother

http://money.cnn.com/2012/07/13/smallbusiness/health-care-employer/index.htm

By Jose Pagliery @CNNMoneyJuly 13, 2012: 5:10 AM ET

NEW YORK (CNNMoney) — In the wake of the Supreme Court’s health care decision, several companies with 50 or more full-time workers have embarked on a quest.

Their aim: Get below 50 and dodge the employer mandate.

The health reform law forces them to start providing insurance by 2014 or pay stiff penalties.

Kari DePhillips, who co-owns the Content Factory, a public relations firm in Pittsburgh, was hoping she could just break up the company to sidestep the rule. Maybe one firm would do marketing while the other builds websites.

The small company is on pace to exceed the 50-worker threshold in the next few years. DePhillips doesn’t want to provide health care, and she definitely doesn’t want to pay the penalty, which would be $2,000 per full-time worker minus the first 30.

“A $40,000 fine to my company would be catastrophic,” she said.

The only problem with her break-up plan is that it won’t work. The government would still consider both of her companies as one. That’s because the employer mandate penalty relies on “controlled group” provisions, focusing on who controls the company — not necessarily what they do.

It’s meant to prevent skirting around the law, said Christopher Condeluci, a Washington D.C. attorney at the law firm Venable who helped draft the rule for the Senate Finance Committee.

“These rules are intended to snuff out this type of abuse,” Condeluci said. “You cannot get around the employer mandate.”

After hearing about the little-known rule, DePhillips took another stab at it: Start a second company that never existed as part of the first.

Again, resistance to the rule is futile. The penalty only looks at who owns part or all of the company.

That rule could also ensnare smaller firms, though. A business owner who employs 50 or more at completely different companies — say, 25 at a car repair shop and 25 at a restaurant — would have to provide insurance at both, even if each falls below the threshold.

It could also affect married couples. Tax law generally assumes a person owns interest in their spouse’s business, Condeluci said. That means small business owners who are married to each other should take steps to ensure the Internal Revenue Service, which will enforce the mandate, won’t combine their staff.

“It’s difficult to navigate the tax rules, and one misstep could pull them into the employer mandate,” Condeluci said.

It’s still unclear how the IRS will enforce the rules, according to Jennifer Kraft, a labor attorney with the Seyfarth Shaw law firm in Chicago. However, any prolonged battle would have to be sorted out in court.

The other way business owners are planning to deal with the law is a devastating one. They plan to cut staff and switch full-time employees to part-time, which the law classifies as less than 30 hours per week.

That’s the reality for the 425 workers at David Barr’s nearly two dozen KFCs and Taco Bells across Alabama and Georgia. Barr has already done the math.

He currently provides health care for managerial staff only, and it costs him about $125,000 to cover the 30 who take it. Extending that to every full-timer would cost him another $545,782 a year.

Health reform’s creation of state insurance exchanges promises to bring down those costs, but Barr said any expenses even close to that will still outmatch his available cash.

“This business model isn’t meant to support those costs,” he said.

To minimize expenses, he’ll fire workers and cut hours to reduce the number of full-timers to 60. Then he’ll opt for the penalty instead of paying insurance. A $60,000 fine pales in comparison to the huge potential rise in health care costs.

Cashiers would be replaced by self-order kiosks, cooks with chicken breading machines. These options are too expensive now, he said, but they would make sense then.

But killing off jobs will also violate one of Barr’s guiding principles.

“We have a responsibility to provide a good position that allows people a sense of pride in their work,” Barr said. “And I’d rather provide that for many than provide health care for few.”

 



At MediBid, we restore market forces to medical care. Doctors get to set their own rates based on their training, experience, and outcomes, and patients get to shop for medical care across state lines and international borders. Many times with MediBid, you will find procedures that are more effective than procedures allowed, or covered by health plans. Transparency and competition are the only way to achieve reasonable costs. Many of our employer clients offering group health insurance through MediBid save $5,000 per employee per year. Those are substantial savings. Patients are saving an average of 48% vs. insurance discounted rates, or 80% vs. retail. Contact us for more information.
Share

Comments

This entry was posted in Cost of Health Care, Employer Health Plan, Health Care News, Health Care Reform, Health Care Taxes, Health Insurance, Health Law and Legislation, Insurance, News, Obamacare, Politics, Tax Increases and tagged , , , , , , , , . Bookmark the permalink.
Categories
Bulk Email Sender

Switch to our mobile site