WASHINGTON (AP) — Your medical plan is facing an unexpected expense, so you probably are, too. It’s a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama’s health care overhaul.
The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say. Most of that is likely to be passed on to workers.
Employee benefits lawyer Chantel Sheaks calls it a “sleeper issue” with significant financial consequences, particularly for large employers.
“Especially at a time when we are facing economic uncertainty, (companies will) be hit with a multi-million dollar assessment without getting anything back for it,” said Sheaks, a principal at Buck Consultants, a Xerox subsidiary.
Based on figures provided in the regulation, employer and individual health plans covering an estimated 190 million Americans could owe the per-person fee.
Read More at news.yahoo.com . By Ricardo Alonso-Zaldivar, Associated Press.
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Can't wait for January 1, 2013, when so many new taxes related to Obamacare will go into effect! And don't forget all the new regulations of the Dodd/Frank bill, too, particularly the 1% tax on EVERY transaction going IN or OUT of your bank account! Do you think any of the morons who voted for our Communist-in-Chief will wake up then?
LOL! @ all you old idiots, young fools, and black dimwitted freaks, I HOPE YOU PAY THROUGH YOUR NOSES ON THIS ABORTION OF A “healthcare” insult to anyone with THE BRAINS TO DISAGREE WITH IT AT THE GET GO! I have seen the commercials where these older people are all “excited” about this new INSULT TO THE AMERICAN PEOPLE, and the commercials where a parent is going on and on about “how much it will “”HELP”" them”! Help, NO! It is going to DO FAR FAR MUCH MORE HARM TO YOU DUMBASSES THAN IT WILL EVER BEGIN TO HELP YOU! This is nothing more than a pack of lies and a “LEGAL EXTORTION” for all of those who had no desire to be “helped” by this bloody MONKEY and his pack of FELLOW APES IN OFFICE! You should be ashamed of yourselves for ALLOWING THIS! And now, all of us are going to PAY FOR YOUR STUPIDITY AND DELIBERATE SELLING OUT OF THE AMERICAN FREEDOM TO CHOOSE OUR OWN INSURANCE AND HOW WE PAY! You had no CLUE, NO IDEA what was in that overdone, over written, humongous peice of “law”, and yet, you all fell all over your idiot selves to support this bull. And AARP? Drop dead. They also went along with this, so that they could ROB YOU BLIND! YOU STUPID OLD IDIOTS! YOU SHOULD HAVE KNOWN BETTER! One can almost overlook the stupidity of the youths, but YOU OLD FOOLS? Not even a chance! YOU SOLD YOUR CHILDREN AND GRANDCHILDREN”S INHERITANCE FOR WHAT? YOU HAVE SOLD YOUR SOULS AND THOSE OF YOUR FAMILIES TO A mu SLIME WHO INTENDS TO RUIN NOT OLNY YOU, BUT YOUR CHILDREN AND THEIR CHILDREN ALSO! I hope you sweat, bleed, I hope you SWEAT BLOOD WHEN THIS COMES INTO PLAY IN 2013! You GET WHAT YOU PAID FOR, AND YOU PAID IN THE VOTING BOOTHS AND PAID WITH YOUR SOULS!!!!!!!!!