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Rick Moran

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January 19, 2014 - 9:02 am
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A rule requiring that companies offer the same insurance benefits to their top executives as they do their employees has been put on hold because the IRS can’t figure out how to define concepts like “benefits” and “compensation.”

The rule was scheduled to go into effect in 2010, but was delayed because the IRS couldn’t deal with the complexity of corporate executive compensation. As it turns out, a “one-size-fits-all” regulation is, at this point, an impossibility.

Fox News reports:

The Affordable Care Act, commonly known as ObamaCare, says employer-sponsored health plans must not discriminate “in favor of highly compensated individuals” with respect to either eligibility or benefits, and provides a tax break for employer-sponsored insurance, while demanding employers not provide better coverage to higher-paid employees.

Yet Bruce I. Friedland, a spokesman for the I.R.S., told the New York Times that employers would not have to comply until the agency issued regulations or other guidance.

Under ObamaCare, an employer that has a fully insured health plan that discriminates in favor of high-paid executives could face a steep penalty: a tax of $100 a day for each individual affected negatively.

Among the issues holding up the implementation of regulations, according to the Times, are how to measure the value of employee health benefits, how to define “highly compensated” and what exactly constitutes discrimination against less-paid employees.

As a result, the Times reports, officials have decided to review the existing nondiscrimination rules for self-insured companies, even as they try to write new rules for employers that buy commercial health insurance.

“Under the Affordable Care Act, for the first time all group health plans will be prohibited from offering coverage only to their highest paid employees. The Departments of HHS, Labor and the Treasury are working on rules that will implement this requirement of the ACA, taking into account public comments that were previously requested,” Erin Donar, a spokesperson for the Treasury told Fox News in a statement Saturday evening.

“As we continue this work, employers still have the same incentives they always have had to offer coverage to their employees as part of a competitive compensation package, and will have additional incentives under the Affordable Care Act starting this year and next.”

The enforcement delay is the latest in a list of deadline extensions and exemptions to the controversial law by the Obama administration to minimize disruption from the new health care law, which is sure to play in key role in this year’s midterm elections.

They’ve had three years to get this right and haven’t even defined the terms necessary for the regulation? They had three years to construct a website and didn’t come close to finishing? What is it with these guys? They’re like college kids who procrastinate on that big paper and then wait until the night before it’s due to start it.

Comments are closed.

Top Rated Comments   
Sorry Rick, saying that they are like college kids is a sad statement, not about them, but about you.

They aren't like stumble-bum college kids. They are marxist criminals who don't do anything without a purpose. They often fail at the purpose, and incompetence probably contributed to the website failure; but it is always at least as likely that their failures are deliberate. The website, for example, happened because they deliberately hid the rules that they were developing because they knew they would lose the election if the rules were revealed before the vote.

As for delaying the rules on executive compensation, are you completely naive or just a true believer in the benevolence of leftists (maybe that is the same thing)? It is beyond obvious that they need the obamacare disaster to continue for a while longer, or else the disaster will be pinned on the leftists themselves. Since they won't let that happen, they need the continued cooperation of the insurers. Later, the insurers, as the surrogate for capitalism, will be blamed for the entire mess, and Josef will take over the entire industry. In the meantime, the insurance industry has to be placated. Ergo, the criminals are giving a pass on executive health care until the time is ripe to pull the plug on the fall guys.
39 weeks ago
39 weeks ago Link To Comment
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All Comments   (7)
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my co-worker's step-sister makes $71 hourly on the internet . She has been laid off for 9 months but last month her income was $20802 just working on the internet for a few hours.
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39 weeks ago
39 weeks ago Link To Comment
Web expert David Kennedy tells Fox News Sunday that the Obamacare website is not secure. Fox News Sunday Jan. 19, 2014

http://www.youtube.com/watch?v=QAOtVsfHU1w
39 weeks ago
39 weeks ago Link To Comment

I don't think it's as much immature work habits or even incompetence as it is political calibration. Another commentator has mentioned the website fiasco is attributable to the late release of the specs, held up until after the 2012 elections.

Ditto Keystone pipeline. An interest group politician who cares not a fig for the welfare of the country is stymied when two or more of his interest groups are on opposite sides of an issue. The only course of action is inaction, i.e., do nothing until the conflict is resolved. And never cross your interest group constituencies.

Who knows who may be working behind the scenes on opposite sides of these rules?



39 weeks ago
39 weeks ago Link To Comment
Since we have a Democrat-controlled Senate that enjoys rubbing the Republicans' noses in their impotent inability to rein in this lawless administration, I expect this to continue for the next 3 years. (I'm not hopeful of a change in 2014 in which party runs the Senate - the Republicans have shown themselves to be masters at snatching defeat from the jaws of victory).
39 weeks ago
39 weeks ago Link To Comment
They are over analyzing the situation. Just pick an employee's policy at random and write in the executive's name rather than the working stiff.
39 weeks ago
39 weeks ago Link To Comment
Sorry Rick, saying that they are like college kids is a sad statement, not about them, but about you.

They aren't like stumble-bum college kids. They are marxist criminals who don't do anything without a purpose. They often fail at the purpose, and incompetence probably contributed to the website failure; but it is always at least as likely that their failures are deliberate. The website, for example, happened because they deliberately hid the rules that they were developing because they knew they would lose the election if the rules were revealed before the vote.

As for delaying the rules on executive compensation, are you completely naive or just a true believer in the benevolence of leftists (maybe that is the same thing)? It is beyond obvious that they need the obamacare disaster to continue for a while longer, or else the disaster will be pinned on the leftists themselves. Since they won't let that happen, they need the continued cooperation of the insurers. Later, the insurers, as the surrogate for capitalism, will be blamed for the entire mess, and Josef will take over the entire industry. In the meantime, the insurance industry has to be placated. Ergo, the criminals are giving a pass on executive health care until the time is ripe to pull the plug on the fall guys.
39 weeks ago
39 weeks ago Link To Comment
Until the USSC finds selective enforcement or application violates equal protection, expect this to continue.
39 weeks ago
39 weeks ago Link To Comment
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