Small Businesses Misunderstand Health Care Mandate

Survey: Small businesses misunderstand health care mandate 

A new survey shows that many small businesses misunderstand the employer mandate of the Affordable Care Act, which affects only businesses with the equivalent of at least 50 full-time workers. More than half of the 259 survey respondents -- all of whom do not meet the mandate threshold -- mistakenly thought they would be subject to the mandate. Read More On Bloomberg Businessweek | Read More At Entrepreneur online

The mandate is just the beginning of what is ahead for small businesses. Just one repercussion is every business will have to pay $63 per year for each employee and employee dependent on their company health care plan for each of the next three years. This is to pay for preexisting conditions that are now mandated to be covered under the law. 

The question remains how could these businesses not know how this law will effect them. One reason is many small business owners could not be bothered to belong to a credible Business Association within their field that would have provided them with National Regulatory and Legislative info important to them and their businesses. That is really the only viable explanation how these business owners could possibly be unaware of what Obamacare would mean to them and their businesses. 

They chose not to belong to save a few bucks on Association Dues, or perhaps because they believe they don't have the time or they believe that they do not need to belong to a National Association and prefer to belong to their local social club. They are full of Excuses, we have heard them all but now, they will pay for their isolation. Unlike Business Associations, Government laws and regulations offer NO Return on Investment. 

In addition to offering Association Group Healthcare for Electrical Contractors, The only Electrical Contractors Association in New Jersey offering State and National Regulatory and Legislative Affairs exclusively for Merit Shop Electrical Contractors is New Jersey IEC. 

New Jersey IEC has retained a Lobbyist in New Jersey and is represented by IEC's Vice President of Government Affairs on Staff at the IEC National Office in Alexandria Virginia. 

NJECPAC has partnered with New Jersey IEC to provide the most important of the myriad of Regulations and Legislative mandates effecting Electrical Contractors to NJECPAC member Organizations. 

Find more information on New Jersey IEC and Association Group Health Benefits for Electrical Contractors Here

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Top 10 Most Expensive Obamacare Taxes and Fees

Now that tax day has passed and we will be working for months to come to pay this years taxes, we are reminded of how big the federal government has become and how Obamacare is on track to makes things a lot worse.

The President’s health law will be partially paid for by tax increases and the creation of new taxes. When the law was passed, the Joint Committee on Taxation estimated that its tax hikes would total $502 billion over the next 10 years. 

However, most of the new, higher taxes were intentionally designed to kick in later in the decade producing an deliberate false cost number. When the full law is implemented, taxpayers will be paying far more than the either knowingly or ignorantly false estimated.

A new study by the Joint Economic Committee (JEC) has revealed that Obamacare will impose higher taxes totaling $4 trillion (That's $4,000,000,000,000) between now and 2035, with the most substantial hits falling on the shoulders of working Americans. That works out to more than $1.7 trillion over a decade, more than triple the original 10-year score.

The following are only 10 of Obamacare’s 18 tax increases. Hospital Insurance Tax - Mandate Penalties - Health Insurance Provider Fee - “Cadillac” Tax - Prescription Drug Fees - Ethanol Tax - Medical Device Tax - Business Regulation Costs - Reducing Medical Deductions - FSA Limits. The economic damage from these tax hikes is one of many reasons to repeal Obamacare and pass legislation that would sensibly reform the health care system. Read More

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Obamacare Impact On Employer And Group Health Plans

Health Care Reform Mandates On Employers

 Health Benefit Plans.

A majority of provisions within the Patients Prevention & Affordability Care Act impose new mandates on employers, including tax-exempt organizations, and in many cases will require modifications to employer provided health plans.

Employers will be mandated to report the cost of their health plans to the Government and also report that cost on each employee’s W-2 Form. Employers will also have to file information returns with the IRS describing the health insurance coverage they provide.

An employer who hasn't made any or has made only limited changes to their plan terms since March 23, 2010 "may be eligible" to be grandfathered to avoid implementing more reform provisions, provided the employer continues to meet specific requirements.

Obama has stated repeatedly that if you like your plan you can keep it....What he conveniently leaves out is you can keep your plan only if your plan complies with the many mandates contained within the law.  

Read More Here  ~  Watch Video Here

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Last week was the anniversary of the signing of the President’s takeover of America’s health care system. The Patient Protection and Affordable Care Act, or as it is more commonly known "Obamacare", was supposed to reduce costs, provide better access to health care, and create jobs. The President even said "if you like your health care plan, you can keep your health care plan."

As NJECPAC had warned, Just one year after being signed into law, the cost of Obamacare has soared.  The Congressional Budget Office (CBO) now estimates that the cost of Obamacare has increased by over $500 billion, added to the original $938 billion, brings the price tag to a staggering $1.445 trillion.

The President also promised that once fully implemented the cost of the overhaul would cost no more than $65 billion a year. Now the cost is estimated to be three times that. the cost of Medicare is expected to double virtually bankrupting the systems trust fund by 2020.  

One year later, the law is actually stifling job creation, increasing the costs for all taxpayers, businesses, and states, has placed massive new paperwork requirements on Businesses and there have been over 1040 special waivers representing 2.6 million people just to allow them to keep their current plans.”

Now dont get us wrong, there are what can be viewed as a few good provisions contained in the law. However, exactly as the NJECPAC Board of Governors warned our Congressmen and Senators when they met with them in Washington, every one of those provisions increases costs to Employers, their Employees and Taxpayers. Which only serves to prove that there is no such thing as a free ride.

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Sign On To CDW Brief In Specialty Healthcare Case

For the vast majority of industries, Specialty Healthcare, this is the most important case before the National Labor Relations Board.  Among other things, the decision will provide unions seeking neutrality and card check agreements with significant leverage over employers. This could be a first step to an all out assault on Business. Read NLRB Backround on Case Here 
  

Please Join the CDW by signing on to the brief opposing Specialty Healthcare

To Sign Onto the Brief please let Josh Ulman know by Monday, March 7th,

Josh's email is josh@ulmanpolicy.com.

The brief is due March 8th, Please see CDW Specialty Healthcare Draft Brief Here    

Several groups have already agreed to be on the brief, including:

Associated Builders and Contractors (ABC)

American Hotel and Lodging Association

International Council of Shopping Centers

Independent Electrical Contractors (IEC)

National Association of Manufacturers 

National Federation of Independent Business

See More Here

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CBO: Obamacare will Cost 800,000 Jobs

Whatever happened to those 400,000 jobs Pelosi promised 'almost immediately' after ObamaCare passed? Pelosi in Her Own Words

H.R 3590, The Patients Affordability and Care Act more commonly known as ObamaCare was signed into law March 23, 2010. Nancy Pelosi promised that 400,000 jobs would be created "almost immediately" once ObamaCare was signed into law

Now the often quoted Congressional Budget Office (CBO) has admitted in testimony before a bipartisan Congressional Committee that ObamaCare will cost 800,000 jobs. Surprise Surprise !!!! Read More   

Watch Short Video Testimony Here

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How The Democrats Lack Of Support For Small Business Lost Them The Election

Calvin Coolidge's once said, "The chief business of the American people is business," that concept is lost on today's Democrats, writes Daniel Henninger in the Wall Street Journal.

As long as they continue to slip new requirements into legislation that negatively effect business Democrats will forever be looked upon as disconnected from what drives the economy and will never be able to create any kind of economic growth. 

Good examples are the 1099 provision that was slipped into the Health Care Law HR 3590, and the ban on offshore drilling. Today's Democrat party has shown they "have no clue about the business of business," Henninger explained.

Read More



NJECPAC Opinion
by Joseph Hovanec Jr.



Without Business there are no private sector jobs, the very thing that pays for the public sector jobs that the Democrats love to create.

It is incomprehensible that any individual that considers themselves middle class, that goes to work day in and day out, can possibly buy into the concept that corporations are the enemy.

Business are the very ones that are providing the middle class with their livelihood. When the middle class supports penalizing business, they support shooting themselves in the foot, because increase business costs get passed down and will ultimately have a negative effect on that businesses employees wages and benefits.

The Heavy Hand of Kathleen Sebelius

Kathleen Sebelius

Health and Human Services Secretary Kathleen Sebelius is upset that critics are accusing her of “thuggery” (the Wall Street Journal) and “soviet tyranny” (Newt Gingrich).  My favorite came from the well-respected political analyst Michael Barone: “gangster government.”

As previously reported here, The reason they are criticizing Sebelius was the secretary’s recent cease and desist order sent to health insurers.  Some insurers have been notifying their policyholders of future premium increases.  In addition to rising medical costs and inflation (which is very low), insurers have had to factor in all the new benefits that President Obama and Sebelius have been touting.

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