And This Tidbit Re Obamacare—Finding Out More of What Is In It

Even The New York Times is starting to figure it out.

Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay premiums, but the Obama administration has squelched the idea in a new ruling. Such arrangements do not satisfy the health care law, the administration said, and employers may be subject to a tax penalty of $100 a day—or $36,500 a year—for each employee who goes into the individual marketplace.

The ruling…by the Internal Revenue Service…blocks any wholesale move by employers to dump employees into the exchanges.

Many employers—some that now offer coverage and some that do not—had concluded that it would be cheaper to provide each employee with a lump sum of money to buy insurance on an exchange, instead of providing coverage directly.

And

When employers provide coverage, their contributions, averaging more than $5,000 a year per employee, are not counted as taxable income to workers. But the Internal Revenue Service said employers could not meet their obligations under the health care law by simply reimbursing employees for some or all of their premium costs.

Of course, in a sane world, such reimbursement would be equivalent to providing coverage, just letting the individual

Never mind that such reimbursements are exactly that coverage—especially since the reimbursements are paid only when there’s been a health plan bought: sort of contained in the meaning of “reimbursement.” But then Big Government would have to accept that individuals are fully capable of exercising their own choice—their own judgment—in the matter, rather than needing Momma IRS’ judgment.

There’s more in the NYT‘s piece….

Obamacare—Finding Out More of What Is In It

Labor is discovering more about Obamacare that isn’t all that.

the law doesn’t take into account that health benefits have been negotiated by employers and unions over decades, and that rewriting plans to meet new requirements can affect wages and other labor terms.

And

Uncertainty about future costs is also hampering negotiations. One of the biggest looming unknowns is the so-called Cadillac tax on high-cost health plans scheduled to take effect in 2018. The provision imposes a 40% tax on the annual cost of health care above $10,200 for individual coverage and $27,500 for family coverage.

The regional transit system in Philadelphia, Septa, estimates the tax will boost its health-care costs by $15 million a year, or 12.5% of the $120 million it currently spends each year on health coverage.

And [emphasis added]

Another provision of the law that eliminates caps on annual and lifetime health-care costs has forced multi-employer plans to purchase their own insurance to prevent potential runaway costs from bankrupting plans.

Jim Ray, a lawyer who represents the Laborers International Union of North America in benefits negotiations, said these provisions have increased construction-industry health plans’ costs by 5% to 10%, and already resulted in lower wages for some laborers. He said employers are frequently seeking contract language to cap their own liability for future cost increases from the law.

“When we first supported the calls for health-care reform, we thought it was going to bring costs down,” he said.

Hmm….

The State of the Obama Recovery

…now that we’re in the fifth year of it.

Real gross domestic product—the output of goods and services produced by labor and property located in the United States—decreased at an annual rate of 1.0% in the first quarter according to the “second” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6%.

It might not get better soon:

Personal consumption—which captures spending on goods and services—fell a seasonally adjusted 0.1% from March[.]

Nanny State and School Lunches

The fight over school lunches intensified Tuesday as first lady Michelle Obama defended her signature school-nutrition program during a meeting with school officials and decried efforts in Congress to allow schools to delay the program.

“Now is not the time to roll back everything we have worked for,” Ms Obama said[.]

Part of the fight, presently, is over a House proposal to waive the school “nutrition” program’s requirements for those schools that can’t afford to comply. Part of the fight is over puny servings that leave the student hungry—and so just as distracted from learning as if he had eaten a sugar-laden lunch. Part of the fight is over who should pay for the mandated lunching system, even by those schools able to “afford” those costs.

But none of the fight is over whether States should determine for themselves what their schools should be doing in their cafeterias. Worse, none of the fight is over what the parents should be doing about their children’s nutrition.

Whose responsibility are the kids, after all? Certainly not the schools’. Certainly not the State governments’. Most especially not the Federal government’s.

The parents are responsible for their own children. If their kids aren’t getting adequate lunches at school, and that argument is a reasonable one, then the parents should be sending their kids to those schools with sack lunches that are balanced and nutritious and with appropriate (the parents’ definition, not government’s) serving sizes. And an enjoyable treat—which may be a sugar bomb, it may be an extra piece of fruit, it may be…. That treat should be determined by what the responsible parents have been teaching their kids, from the cradle, about healthy as well as fun eating. That treat should not at all be influenced by a government intruding into a family’s lunch table.

Greater parental involvement won’t help much in improving the nutrition of children from poverty-stricken (true poverty, not the Federal Poverty Guideline defined poverty) homes, whose only real meal too often comes from the school they attend. But those children aren’t helped, either, by a Federally-mandated one-size-fits-all law that requires schools in well-to-do districts to supply what those children’s well-to-do parents should be supplying. Nor are those children helped who are in school districts that can’t afford yet another costly Federal mandate and so must sacrifice education on the Church of Nanny State’s altar of “appropriate” school lunches.

However, limiting an overreaching, private resource-grasping (can you say taxes?) Federal government will leave more resources in the private economy where they belong. From that better private economy, family, friends, church, charity, et al., will be much better equipped to help the children in those truly poverty stricken families, and by being local being able to apply resources directly and more efficiently to those most needing the help.

College, and What Degree Are You Looking For, Again?

From Millennial Branding and their report The Multi-Generational Job Search (done in conjunction with Beyond.com), centered on a survey of “job seekers and HR professionals,” come these tidbits.

On the matter of whether going to college is, of necessity, for everyone:

[T]he majority of hiring managers (64% [2,978 respondents]) would still consider a candidate who hadn’t even attended college.

And

73% feel that college is only somewhat preparing students for the working world.

Then, this:

Liberal Arts majors (who are historically more focused on communications [and communications skills sought by 83% of respondents]) were shown to be the least likely to land a job, with only 2% of companies actively recruiting those graduates.

This against 27% looking for some sort of STEM degree and 18% looking for business majors (aside: these low numbers are an outcome of this administration’s poor economic policies, say I).

Hmm….