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The PJ Tatler

by
Stephen Kruiser

Bio

March 14, 2013 - 10:38 pm

The “Affordable” Care Act strikes again.

Employers are bracing for a little-noticed fee in the federal health-care law that will charge them $63 for each person they insure next year, one of the clearest cost increases companies face when the law takes full effect.

Companies and other plan providers will together pay $25 billion over three years to create a fund for insurance companies to offset the cost of covering people with high medical bills.

The fees will hit most large U.S. employers, and several have been lobbying to change the program, contending the levy is unfair because it subsidizes individually purchased plans that won’t cover their workers. Boeing Co. and a union health plan covering retirees of General Motors, Ford Motor Co. and Chrysler, among other groups, have asked federal regulators to exclude or shield their insurance recipients from the fee.

Insurance companies, which helped put the fee in the law, say the fee is essential to prevent rates from skyrocketing when insurers get an influx of unhealthy customers next year. The fee is part of a new insurance landscape created by the health law that will forbid insurers from denying coverage to people with pre-existing conditions.

Boeing figures the fee will cost them $25 million in 2014.

This was one of those “have to pass the law to find out what’s in it” surprises that was buried so deep in this monstrosity that most of the companies that will be affected by it didn’t notice it at first. It’s not too hard to figure out where large companies that are going to be forced to spend tens of millions extra next year are going to get that money. OK, it is hard to figure out for those in Progressive fantasy land, where all money falls from a magic tree in space.

One thing I will say about the ACA: it doesn’t discriminate. It wants everyone in business to go broke, big or small.

Four more years.

Stephen Kruiser is a professional comedian and writer who has also been a conservative political activist for over two decades. A co-founder of the first Los Angeles Tea Party, Kruiser often speaks to grassroots groups around America and has had the great honor of traveling around the world entertaining U.S. troops.

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All Comments   (7)
All Comments   (7)
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Don't assume Boeing, and especially its unions, didn't welcome Obamacare. Boeing and Microsoft are prime financial movers behind the social engineering causes here in Washington State, starting with tax increases, undermining immigration laws, etc. That the dog they were feeding bit them is priceless.
1 year ago
1 year ago Link To Comment
Obama care will only cover amputations.
1 year ago
1 year ago Link To Comment
Insurance companies helped work in a $63 tax or fee rather than raise rates. Usually the government manages to work that the other way around, hiding the tax by collecting from the supplier rather than the purchaser. Either way, the cost comes in. There ain't no such thing as a free lunch.
1 year ago
1 year ago Link To Comment
Seems like these big corporations are starting to regret their help getting Obamacare passed. That's just tough. Those of us who self-insure because we're self-employed are getting squeezed out of the health insurance market because of the huge increases Obamacare has caused in the premiums, doubling already in some cases. I find it very difficult to have any sympathy for a big corporation poormouthing over $25 million when it made over $3 billion in profit in 2011, but paid only 4.5% of it in taxes instead of the 35% the law says it should.
1 year ago
1 year ago Link To Comment
Maybe Boeing should close tours of their plant to protest the draconian $63 cut.
PPACA is going to be a total disaster.
1 year ago
1 year ago Link To Comment
This is why the insurance companies cooperated. They figured it would all happen, and they tried to shield themselves from the worst of it. Naturally, those with the connections get shielded. It's how the game works. If anyone thinks the predatory politicans are for "the little guy", they are truly dupes.

The professional politicians in both Parties want to keep the game going. we think they are opposed, but they are not. They are only squabbling over the loot from their thievery.

This is why the "moderate" Republicans hate the Tea-Partiers, because the latter want the game to stop. It's why Boehner punished them and removed them from committees. It wasn't reprisal. It was to keep the game going and the loot flowing.
1 year ago
1 year ago Link To Comment
It's also the reason we don't read/hear anymore stories about the evils of Big Insurance from the MSM.
1 year ago
1 year ago Link To Comment
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