By Meg Tully
meg@marylandreporter.com
State budget officials do not know
how many state employees will qualify for medical coverage under the federal
Affordable Care Act, or how much it will cost to comply with provisions
beginning Jan. 1.
That number could be as high as $88
million for Maryland government, according to an analysis presented Tuesday by
the Department of Legislative Services. The analysis showed the cost could dip
to $20 million or lower if the state decides to pay a penalty instead of
subsidizing coverage.
But in any case it is extremely
unlikely the number would be as high as $88 million, said Anne Timmons,
director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,”
Timmons said.
By Meg Tully
meg@marylandreporter.com
State budget officials do not know how many state employees will
qualify for medical coverage under the federal Affordable Care Act, or
how much it will cost to comply with provisions beginning Jan. 1.
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at: http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpuf
meg@marylandreporter.com
By Mike Licht, Notions Capital
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at: http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpuf
Obamacare will force state government to spend millions on health care for contract employees
February 27, 2013 at 7:35 am
By Meg Tully
meg@marylandreporter.com
State budget officials do not know how many state employees will
qualify for medical coverage under the federal Affordable Care Act, or
how much it will cost to comply with provisions beginning Jan. 1.
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at:
http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpufmeg@marylandreporter.com
By Mike Licht, Notions Capital
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
Obamacare will force state government to spend millions on health care for contract employees
February 27, 2013 at 7:35 am
By Meg Tully
meg@marylandreporter.com
State budget officials do not know how many state employees will
qualify for medical coverage under the federal Affordable Care Act, or
how much it will cost to comply with provisions beginning Jan. 1.
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at:
http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpufmeg@marylandreporter.com
By Mike Licht, Notions Capital
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
By Meg Tully
meg@marylandreporter.com
State budget officials do not know how many state employees will
qualify for medical coverage under the federal Affordable Care Act, or
how much it will cost to comply with provisions beginning Jan. 1.
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at: http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpuf
meg@marylandreporter.com
By Mike Licht, Notions Capital
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at: http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpuf
By Meg Tully
meg@marylandreporter.com
State budget officials do not know how many state employees will
qualify for medical coverage under the federal Affordable Care Act, or
how much it will cost to comply with provisions beginning Jan. 1.
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at: http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpuf
meg@marylandreporter.com
By Mike Licht, Notions Capital
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at: http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpuf
By Meg Tully
meg@marylandreporter.com
State budget officials do not know how many state employees will
qualify for medical coverage under the federal Affordable Care Act, or
how much it will cost to comply with provisions beginning Jan. 1.
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at: http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpuf
meg@marylandreporter.com
By Mike Licht, Notions Capital
That number could be as high as $88 million for Maryland government, according to an analysis presented Tuesday by the Department of Legislative Services. The analysis showed the cost could dip to $20 million or lower if the state decides to pay a penalty instead of subsidizing coverage.
But in any case it is extremely unlikely the number would be as high as $88 million, said Anne Timmons, director of employee benefits for the Department of Budget & Management.
“That’s a worst-case scenario,” Timmons said.
State unsure of how many would be covered
The Department of Budget & Management plans to conduct an analysis in the next four to six months of the number of workers who will qualify and the cost of the state’s different options, she said.
As of Jan. 1, 2014, the act requires all employers with more than 50 employees to offer health care subsidies for all those who work at least 30 hours per week. If employers choose not to do so, they will have the option of paying an annual penalty instead, ranging from $2,000 to $3,000 per employee.
- See more at: http://marylandreporter.com/2013/02/27/obamacare-will-force-state-government-to-spend-millions-on-health-care-for-contract-employees/#sthash.AH8bZG9h.dpuf
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