Benefits

Obama Signs Bill Repealing Health Care Reform Law Vouchers

By Staff Report

Apr. 19, 2011

President Barack Obama has signed into law a bill that repeals a health care reform law provision that would have required employers to offer low-wage employees company-paid vouchers to buy coverage in state health insurance exchanges.


The voucher repeal provision is part of an appropriations measure, HR 1473, that the president signed April 15 after final congressional passage of the bill.


The voucher provision, which Sen. Ron Wyden, D-Oregon, backed when the health care reform legislation was working its way through Congress, prompted strong opposition from business groups, which said it would boost employer costs and add administrative complexity.


Under the provision, starting in 2014 employers would have been required to offer vouchers to employees with household incomes up to 400 percent of the federal poverty level and whose premium contributions were between 8 and 9.8 percent of their household income.


The value of the voucher, though, would have been equal to what an employee’s employer would have paid if the worker enrolled in a plan with the largest employer premium contribution. Employees then could have used the voucher to buy coverage in an exchange and keep the difference in cash if the plan they purchased cost less.


Also last week, Obama signed a measure, HR 4, that repeals a health care reform provision that would have required employers doing more than $600 in business with a corporate vendor to furnish Form 1099 statements.


Filed by Jerry Geisel of Business Insurance, a sister publication of Workforce Management. To comment, email editors@workforce.com.


Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.

About Workforce.com

blog workforce

We build robust scheduling & attendance software for businesses with 500+ frontline workers. With custom BI reporting and demand-driven scheduling, we help our customers reduce labor spend and increase profitability across their business. It's as simple as that.

Book a call
See the software

Related Articles

workforce blog

Benefits

EEOC says that employers legally can offer incentives to employees to get vaccinated in almost all instances

If you’re an employer looking to get as many of your employees vaccinated as possible, you can rest eas...

ADA, CDC, COVID-19, EEOC, GINA, pandemic, vaccinated

workforce blog

Benefits

Fixing some common misconceptions about HIPAA

Ever since the CDC amended its COVID-19 guidance to say that the fully vaccinated no longer need to wea...

COVID-19, health care, HIPAA, human resources, wellness

workforce blog

Benefits

We are in the midst of a public mental health crisis; how employers can help

Do not ignore these issues or your employees who are living with them. Mental health illnesses are no d...

ADA, benefits, Coronavirus, FMLA, mental health, paid time off