Employers Must Offer Family Health Care, Affordable or Not, Administration Says - NYTimes.com: "In a long-awaited interpretation of the new health care law, the Obama administration said Monday that employers must offer health insurance to employees and their children, but will not be subject to any penalties if family coverage is unaffordable to workers.
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Times Topic: Health Care Reform
The requirement for employers to provide health benefits to employees is a cornerstone of the new law, but the new rules proposed by the Internal Revenue Service said that employers’ obligation was to provide affordable insurance to cover their full-time employees. The rules offer no guarantee of affordable insurance for a worker’s children or spouse. To avoid a possible tax penalty, the government said, employers with 50 or more full-time employees must offer affordable coverage to those employees. But, it said, the meaning of “affordable” depends entirely on the cost of individual coverage for the employee, what the worker would pay for “self-only coverage.”"
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New Strait of Hormuz Closure Announcement Threatens the Slow Uptick in
Traffic
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Fifty-five ships had passed through the strait on Saturday, the U.S.
military said. But then Iran’s military said it was closing the waterway
once again.
3 hours ago
