Implications of ObamaCare?

Discussion in 'Business Operations' started by ExmarkBoy, Feb 25, 2014.

  1. ExmarkBoy

    ExmarkBoy LawnSite Member
    from Indiana
    Posts: 154

    I'm hoping that everyone on here can share what they know about ObamaCare and it's effects on our business. My dad is an accountant and has a couple friends that are tax lawyers, but he isn't even sure exactly how it will effect lawn care companies since most of us have employees that upfront know it will only be through the end of the summer. Please try to make sure your information is current and complete. Hopefully this can help some other guys like me as well.
     
  2. TPendagast

    TPendagast LawnSite Fanatic
    Male
    Posts: 7,521

    aren't you 15 or 17?

    Why are you worried about Obama care?

    The affordable health care act, by and large does not affect lawn care/landscape businesses because we are under the size of company required to provide their employees with health care.

    MOST landscape companies do not have a very large number of full time employees. And as such, don't fall into a category affected by the affordable healthcare act.

    There is a Law stating that you must inform your employees and any new hires that you do not supply any insurance and that they will need to go to the marketplace to find some…there is a form letter that the government sent out to registered businesses. IF you have an EIN, you probably got one… you show this tot he employee, they sign it, you keep it on file, like an I9…done did.

    for the landscape companies that ARE large enough, I can't think of one that wasn't already offering healthcare options for employees.

    So either way it's a moot point… so to answer the question how does Obamacare affect the industry?
    the answer is, it doesn't.
     
  3. Armsden&Son

    Armsden&Son LawnSite Silver Member
    Posts: 2,357

    Well said T...

    Sounded to me like somebody was going fishing....

    There is a politics sub-forum ExmarkBoy, you know that right?
     
  4. Kelly's Landscaping

    Kelly's Landscaping LawnSite Platinum Member
    Posts: 4,262

    Few major problems with that annalists The law has been changed illegally by executive order 28 times now. Which means there is no law when your president is lawless. If when the time comes he wants to make it mandatory for companies with 1 employee to offer health insurance there is nothing stopping him from doing that. If by some act of extreme voter fraud the Dem's manage to keep the senate and retake the house this fall then all bets are off on this law, they will be emboldened to do and try anything. Was just 3 months ago they broke with more then 200 years of tradition by ending the filibuster so they could jam through unfit nominees. Whats to stop them from expanding that to 51 votes for all new laws when it suits them?
     
  5. TPendagast

    TPendagast LawnSite Fanatic
    Male
    Posts: 7,521

    Well at this point you're talking about fantasy and the whole government having out for landscapersÂ….

    LONG before anything like this affects Landscaping companies, it will affect Target, Walmart, McDonalds and other companies who deliberately have employees work 20-30 hours so they can slide under the radar and not have to give their employees health care (which is BS if you ask me)
    IF the government changes the current law it will be to go after these types of cheaters first, and to a certain extent, they would be right to do so.
    Landscape companies are just small potatoes.
    IF they change the law to affect companies that have just 1 full time employee, I sense most if not all landscape companies will simply lay off summer employees like they always have and have NO full time employeesÂ…. so it still won't affect the industry.
     
  6. Kelly's Landscaping

    Kelly's Landscaping LawnSite Platinum Member
    Posts: 4,262

    Not sure where you get fantasy from that T it was just 6 sentences long. My first one is Fact and as such number 2 goes hand in hand with it.

    Sentences 3 and 4 are likely outcomes as they are the goals of Obama and the Dems.

    Sentence number 5 is a Fact.

    And sentence number 6 is very clear, what would stop them from changing senate rules to ram through the rest of the socialistic agenda in his last 2 years if they did have a small majority?
     
  7. DA Quality Lawn & YS

    DA Quality Lawn & YS LawnSite Fanatic
    Posts: 8,847

    Not sure about how that piece of junk legislation hits my own biz, BUT.....
    I do know my wife's employer based health insurance is going WAY up because of this. 173% to be exact.
    UNaffordable care act.
     
  8. TPendagast

    TPendagast LawnSite Fanatic
    Male
    Posts: 7,521


    This part is true.

    and technically a different conversation but: Obama care has certain minimums, that alot of existing health care plans didn't meet... kinda like the difference between having liability only and full coverage on an automobile.
    That's the main reason most of the existing plans went up....before you could pick a little bit of insurance...now there is a required bottom end.

    as far as the fantasy goes...whats to stop them from making the requirement 1 full time employee?
    I already told you...Target, Walmart, Mcdonalds etc...they all have tons of money and will do way more fighting way before any changes effect you or me.

    Changes will be incremental and slow, not a sweeping hand, otherwise the economy would do an end-o the likes no one alive has ever seen.

    So the changes they do make, will affect those much larger companies well before any one in our business.
    And they have BIG lobbies.
     
  9. TML

    TML LawnSite Senior Member
    Posts: 823

    2 questions:

    Anybody out there who did not have insurance before Obamacare now have it because it is supposedly more affordable or were they able to get a better plan for the same out if pocket or for even less?

    Anybody out there who was working a 2nd job basically for the health insurance for themselves and their family now able to buy a usable health insurance plan through this law?

    I thought the whole idea of this Obamacare was to make health insurance more affordable for the small guy ie self employed. Part time employed ect ect?

    In the last 2 years I know our family's employer based health coverage has had significant increase out of pocket deductions on top of a reduction in coverage with higher deductibles and co-insurance. I went to healthcare.gov and plugged in all our info and could buy a similar plan for almost same out of pocket as we have deducted now.

    I hate politics and not arguing for or against this just inquiring if has actually helped anybody on here?
    Posted via Mobile Device
     
  10. nightshutter

    nightshutter LawnSite Senior Member
    from UT
    Posts: 513

    they had an insurance guys speak for 45 min at the landscape convention I went to a few weeks ago. In a nut shell what I remember is based on your income and number in your household you pay a certain fee. Seems reasonable I guess. BUT you have a $5,000 deductible. IF its an EMERGENCY the deductible is waived. Not sure what their classification is of an emergency. Im sure there is some sort of loop hole they will find. I was told you don't have to supply insurance for under 50 employees.
     

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