8th January 2013
It would appear that many small business owners have noticed that the new rules for providing mandatory health insurance coverage have some significant loopholes: to wit, that they only apply to companies that employ fifty or more full time employers (which is to say, people who work for thirty or more hours a week). The answer to handling the situation then becomes fairly obvious.
For some reason politicians, especially ‘progressive’ ones, have this notion that they can pass a law and everybody will just pay up or stop doing what they’re doing without any attempt to get around it.
The company has announced that all non-management positions will have their hours reduced to 28 a week. Gary Burdette, Vice President of Operations for the local franchise, says the cuts are coming because the new Affordable Health Care Act requires employers to offer health insurance to employees working 32-38 hours a week. Under the current law they are not considered full time and that as a small business owner, he can’t afford to stay in operation and pay for everyone’s health insurance.
My, what a surprise! Aren’t you surprised? I’m sure surprised.
Obamacare may be more devastating for low-end employment than the minimum wage ever was.