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Articles by Jerry Geisel

No Penalties for Employers Not Offering Dependent Coverage: Employer Group

August 28, 2012
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Under the Patient Protection and Affordable Care Act, employers are to be assessed $2,000 per full-time employee if they do not offer coverage to employees in 2014. Regulators have yet to issue definitive guidance on the penalty.
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Self-Funded Employers Will Pay Billions for High-Cost Coverage

August 27, 2012
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The first-year assessment paid by very large employers—those with at least 100,000 employees—will run into millions of dollars, for which employers will receive no direct benefit.
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Most Employers to Continue Offering Health Care Plans in 2014: Survey

August 27, 2012
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Eighty-eight percent of employers surveyed by Towers Watson & Co. said they have no plans to terminate coverage in 2014 or after for full-time employees, while 11 percent were not sure. Just 1 percent said they planned to terminate coverage for some employees.
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Michigan Teacher Funding of Retiree Health Benefits Violates Employment Rights: Court

August 20, 2012
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The law ran afoul of protections against impairment of government contracts because teachers received three percent less in pay by paying into a fund than the amount the teachers and their employers agreed upon as part of teachers' contracts.
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Paul Ryan a Longtime Supporter of Health Savings Accounts

August 15, 2012
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In 2006, Rep. Ryan, along with Rep. Eric Cantor, R-Virginia, now the House Majority Leader, introduced legislation that boosted the appeal of health savings accounts.
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Papa John's CEO Says Health Care Reform Law Will Increase Price of Pizza

August 9, 2012
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In its most recent annual report, Papa John's International Inc. warned of higher costs due to the health care reform law.
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Retailers and Hospitality Industry Employers Face Big Health Care Reform Law Related Cost Increases in 2014

August 8, 2012
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Forty-six percent of employers in the retail and hospitality industries and 40 percent of employers in the health care services industry expect health care cost increases of at least 3 percent due to health care reform law requirements.
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Senate Panel Approves Bill to Increase Mass Transit Contribution Tax Break

August 7, 2012
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The provision is included in a broader bill, the Family and Business Tax Cut Certainty Act, approved Aug. 2 by the Senate panel on a 19-5 vote.
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Large Employers Expect Group Health Care Plan Costs to Rise 7% in 2013

August 6, 2012
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Amid rising costs, employers say adopting consumer-driven health plans is the most effective step they have or plan to take to combat rising costs.
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