[Hidden-tech] Mass. healthcare law impact
Jeremy Dunn
jjdunn at localnet.com
Wed Jun 27 15:59:36 EDT 2007
Aurangzeb,
I think your house-painter may not fully understand the new law, and may
have a chance to save his business.
Two important facts:
1) the new law only requires employers to establish Sect 125 Cafeteria Plans
if they have 11 or more employees
2) the law allows "employee-pays-all" plans for part-time and contract
employees.
So, if your house painter has 10 or fewer employees then there is nothing to
do.
If he has > 10 employees but employs them on a part-time or contract basis,
which I'd expect for a house-painter, then he still has to establish a Sect
125 plan which is a time-consuming hassle, but not that expensive.
Check out the "Create a Section 125 Plan - Voluntary" page of
www.mahealthconnector.com
Employers / Voluntary Plan
- Jeremy
----- Original Message -----
From: "Aurangzeb M. Agha" <ama at mltp.com>
To: "Hidden-Tec List" <hidden-discuss at lists.hidden-tech.net>
Sent: Wednesday, June 27, 2007 3:39 PM
Subject: [Hidden-tech] Mass. healthcare law impact
> ** The author of this post was a Good Dobee.
> ** You too can help the group
> ** Fill out the survey/skills inventory in the member's area.
> ** If you did, we all thank you.
>
>
> We just got a call from the house painter we had hoped to hire for our
> house to be painted this August saying that due to the new MA healthcare
> law requiring he provide healthcare for all of his employees and his
> inability to afford to do so, he's shutting down.
>
> Two questions:
>
> 1. How many small co's on this list have looked into this list and will
> be impacted?
>
> 2. Does anyone know a good house painter?
>
>
> Rgs,
>
> Aurangzeb Agha
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