Some ObamaCare Progress

via Wall Street Journal

Maybe the new Republican majority really is getting politically smarter about how to advance its economic agenda, at least if a Thursday vote on ObamaCare is the measure. Inexplicably, however, some conservatives have joined the White House and liberals to impede this policy and political progress.

By 252 to 172, the House passed a modest bill that would restore the normal U.S. 40-hour workweek under the Affordable Care Act. A dozen Democrats joined every Republican in favor, despite a veto threat from President Obama. The question now is whether enough Senate Democrats like Indiana’s Joe Donnelly will also defy the White House and try to help the working-class Americans who are most harmed by the law’s employer mandate.

The federal bureaucracy defined a full-time employee as anyone who works more than 30 hours under ObamaCare’s mandate that businesses with the equivalent of 50 such workers must cover everybody or else pay a fine. Most large employers also sponsor insurance. But small businesses and certain industries like restaurants and hospitality have been responding to this higher cost of labor and the onerous reporting requirements by cutting back on hiring or hours and shifting workers to part-time…

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Eric is a Producer at Lockton Insurance Brokers, Inc., the world’s largest privately held commercial broker. Eric has over 23 years of experience in the insurance industry and has spent the last 11 years with Lockton. Eric specializes in Health & Welfare Benefits, Retirement Planning, and Executive Benefits. Eric's clients utilize his expertise in the areas of Plan Due Diligence, Transaction Structure, Fiduciary Oversight, Investment Design, Compliance and Vendor negotiation to improve the operational & financial outcome for each client. The Benefit Blog is a place to share that expertise and industry news.
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