The NY Post opinion piece is your source?<quoted text>Those employers will have to shift to the one size fits all expensive government plan.
If you are uninsured because you cant afford it, help may be on the way. But if you are one of the 250 million Americans with coverage, there are big problems ahead.
If you get your health insurance through a job, you might lose it as of Jan. 1, 2014. Thats when the new employer mandate kicks in, requiring employers with 50 or more full-time workers to provide the government-designed health plan or pay a fine. The government plan is so expensive, it adds $1.79 per hour to the cost of a full-time employee. Thats incidental if you're hiring neurosurgeons but a hefty increase for hiring busboys and sales clerks.
Currently, employers in retail and fast-food industries pay less than half that to cover their workers.To avoid thecostly mandate,some employers will push workers into part-time status. Other employers will opt for the fine. Either way, workers lose their on-the-job coverage.
Worse, they risk losing their jobs. Even the fine adds 98 cents an hour to the cost of labor, enough to make some employers cut back on their workforce.
As many as a third of employers are considering canceling coverage, according to McKinsey & Co. management consultants. But that doesnt mean youll be uninsured; you wont have that choice.
When you file your taxes, you will have to show proof that you are enrolled in the one-size-fits-all plan approved by the federal government. Its mandatory, starting Jan. 1, 2014, or the IRS will withhold your refund. If youve been going without insurance, or your employer drops coverage, your options will be enrolling in Medicaid (if youre eligible) or buying a government-approved health plan on your state health exchange.
Whats an insurance exchange? Its like a supermarket that only sells cereal. The exchange will sell only the government-designed plan. In most states, exchanges will be an 800 number, a Web site and a government office, like the DMV. People with household incomes up to $92,200 will be eligible for a subsidy.
Sealing other's words yet again.
This is really pathetic.