Will ObamaCare Force Employers to Snoop Into Their Employees’ Family Finances?
14th July 2011
… companies are worried about another standard that requires they offer care that is “affordable,” or roughly 9.5% of an employee’s household income. The employers say they can’t calculate that without asking employees how much their spouses or dependents earn—a potential privacy violation that may not be verifiable, either.
So employers may be put in a situtation in which they either forced to either violate the law or intrude into the family finances of their employees. At minimum, this provision has the potential to seriously alter how Americans conduct salary and compensation negotiations: Who wants to pay Sally more when her husband brings in a million bucks a year on Wall Street? Why give Mike a raise this year when his wife just made partner at her law firm, and brought in a giant bonus? Even if employers make it explicit policy to avoid making compensation decisions on such factors, the knowledge that one employee’s spouse makes a ton of money is almost sure to have a subtle effect.
Yet another example of how grandiose social nostrums translate into intrusive and burdensome government regulation.
My, what a surprise. Aren’t you surprised? I’m sure surprised.