Quote:
Originally Posted by TheMercenary
Employer Responsibility to Provide Coverage:
Provisio: A meaningful contribution toward coverage.
House: Employers are required to contribute 72.5/65% single/family of employees premium costs for coverage purchased inside or outside the exchange. 5 year grace period for some plans (Unions).
Senate: Employers are not required to provide coverage but either pay penalty if no coverage or insufficient coverage. Permanately grandfathers existing plans with any level of coverage.
Or they can provide subsidy to insurance exchanges: House and Senate version only differ by penalty.
Nothing in these provisions control costs of the premiums.
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You are intentionally or ignorantly attempting to confuse the issue.
That provision sets levels of employer contributions.
Premiums are controlled through different provisions. For large group plans (current employer-based), 85 percent of large group premiums dollars are required to be spent on direct health benefits to consumers...they cant jack the price and simply add it to their profits or even claim it as additional administrative costs......and all "extraordinary" (to be defined in regulations) premium increases require approval by the Sec of HHS.