"Health Care" Posts
The Affordable Care Act Is Less Affordable For Married Taxpayers
By Eric Lee
Much has been made about the controversial provisions of The Patient Protection and Affordable Care Act and Health Care and Education Affordability Reconciliation Act of 2010 (“ACA”). As documented through many other sources, the Act contains important changes that will have a substantial impact on small business owners and individuals. The most controversial of these changes include penalties for small businesses failing to provide adequate health insurance for employees and an individual mandate that people obtain health insurance, or be subject to a penalty. Much to the chagrin of many, the individual mandate was upheld by the Supreme Court, and …
Health Of A Nation
By GPSThe burden of rising health insurance costs.
Since the year 2000, the average portion that employees must pay towards benefits has risen dramatically. This is due to both reduced employer contributions, as well as rising health care costs. In the roaring 90’s, part of this was covered by salary increases and overtime compensation. Over the last five years, salary increases have drastically slowed, overtime has been cut and the net take home pay has decreased. Many employers are having to look for sustainable alternatives now or risk dropping health coverage as a benefit altogether. We have approached the breaking point …
