OBAMA REWRITES RULE TO LET UNIONS AVOID OBAMACARE TAX
by JOHN NOLTE 7 Nov 2013, 8:04 AM PDT
While millions of Americans deal with the fallout of ObamaCare in the form of increased premiums prices and cancellations, the New York Post reports that President Obama has already moved to protect his Big Labor allies from paying their “fair share.” After publicly refusing to do so, the Administration has quietly “sneaked in a rule that would let some labor unions off the hook for an ObamaCare tax.”
The tax, known as the reinsurance fee, requires self-insured organizations, such as unions and some large companies, to pay $63 for each covered member and an additional $63 for each additional family member on a health plan.
The fee was expected to raise $25 billion over three years, with the funds going to insurance companies to offset the cost of covering pre-existing conditions and other mandatory benefits.
Meanwhile, on top of the carnage already hitting millions middle class families in the individual market, there is a coming ObamaCare tax in the employer-based market that’s about to affect millions who are apparently not among the president’s top donors..Follow enlightenedlbrl