Tuesday, November 17, 2009

Summary of House Health Bill

Detailed summaries of the House health reform bill (H.R. 3962), broken down into plain English and sectioned off by issue, are available on the House of Representatives and Kaiser websites.

The provisions most affecting employers, as detailed by the House are:
"Employers must provide health insurance to their employees or make a contribution to help fund affordable health insurance [the Health Insurance Exchange Trust Fund]. Employers that choose to offer coverage contribute at least 72.5 percent of premium for workers, 65 percent for families. However, if the coverage is unaffordable for low-wage workers, that worker can choose subsidized coverage in the Exchange and the employer makes a contribution to the Exchange. Employers who do not offer qualified coverage contribute 8 percent of their payroll to help cover expenses of employees who seek coverage through the Exchange. "
Bullet points on these issues can be found on the Kaiser website by clicking here.
Find the House summary by clicking here.

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