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Back with our panel Betsy McCoy doctor Marc Siegel congresswoman Marsha Blackburn.
You know starting next year obamacare is -- -- force employers of companies with more than fifty employees.
To provide medical insurance for those who work at least thirty hours a week or if they don't they're gonna pay a fine of at least 2000 dollars per worker.
In anticipation of the changes Wendy's franchise owner Nebraska.
And a Taco Bell franchise -- and Oklahoma have told their workers expect their hours to be reduced.
Meanwhile the company that runs olive garden and red lobster they considered not offering full time positions.
And -- founder Papa John's pizza has voiced concerns over the mandate.
-- Martin is the owner of Little Rock tour is it's a bus company that depending on the season could employ more than fifty drivers.
But has less than fifty and other times.
Gina joins us now from Little Rock -- it's great to see you back.
-- -- -- some of the challenges that you face because of the seasonal nature of your business sometimes -- over fifty sometimes you're under fifty employees.
How do human.
Let me use the term navigate.
-- -- -- -- -- Well that's what's very challenging about what we are going through.
At Little Rock tour is and that we have a very unique industry not just for the motor coach industry but I think transportation industries in general.
Because when our drivers are out on the rag you have to keep in mind that they spend the night there in hotels.
-- off with a group for a week and spend seven days in a hotel room while we pay them -- the day because they're away from home.
So there part time hours at a very quickly.
When they are on the road and we're trying to figure outs.
The full time equivalency and whether or not we will have -- require.
The health care with our employees or not because currently I checked our last payroll and if you add up the total number of hours.
And you add it to our full time staff which is I believe how this legislation is written.
We come up with 47.
Full time employees.
Under the legislation it would not affect -- however next week.
We might have a great week are -- in May be running out a little bit longer.
And in the real world that's a good thing and less if we exceed the fifty hour.
In full full time employee -- -- day and then at that point we wouldn't have to be required to provide the health insurance.
And we understand that this all adds up at the end of the year and -- certain number of weeks.
And a certain number hours thirty hours per week for full time equivalents however in the end we don't know at the end of the year whether or not.
We will exceed that.
Or we will stay under that so were not sure what is gonna happen.
You know and I have to adjust to surmise that you don't know what the effect would be but it if you end up having to put health insurance on all -- employees.
Something you weren't budgeted to do your talking about actually maybe not just tens if that's -- hundreds of thousands of dollars.
Hundreds of -- are absolutely right you're absolutely right.
And it's very challenging.
To project that especially because of the number of variable employees we have and you add that -- We have the unpredictability.
Of diesel fuel and all of the other regulations that the transportation industry is enduring.
And it spells disaster for a lot of folks and I know a lot of folks in our industry a lot of our industry colleagues.
Said that the obamacare legislation was the nail in the coffin and that just wasn't worth it for them anymore because it's so unpredictable.
I'd like to ask your question -- I'm not gonna ask you with the governor has ever been aware of these horrible.
You if you had more flexibility than this laws giving you instead of you have to pay 60% of the value of the policy.
You don't have a lot of room for deductibles if you could create a more creative solutions in the law we feels overly restricting -- Would you be able and then have the freedom to it can't have your employees on your policies we continue as you have done it in the past isn't -- the -- restrictions that are the problem.
It is the restrictions that are the problem.
And it's also the arithmetic that's involved because towards the end of the -- we have to do a lot of math to figure out what if we're going to be penalized.
Or not and currently.
We do offer.
Health insurance you all of our staff members who want it.
But the thing is it's so expensive for a lot of these drivers who are retired and they drive for fun.
But in the end we're gonna have to do the math to see if we -- -- full time equivalent and as you said.
Yeah there's no flexibility because not only do we have to look at all of that but we also have to do the affordability tasked.
And to see that if the plan and we offers passes the affordability test which that our employee he cannot pay more than 9%.
I've is in -- we don't even know what hearing time is because by the end of the year.
That is determined by the amount of bookings.
-- that -- and for our group immediately affected him.
-- how much this is Marsha Blackburn.
How much -- -- insurance is gone since the obamacare law passed over the past couple of years what percent increase have you seen.
And the health insurance are offering your employees.
Well I know that for our specific -- and for our family it went up 42%.
According to Anderson asked him hard.
Yeah yes it did in that I didn't -- -- right there.
And they just came DS -- up and what she's saying -- -- governor of what we're finding out from our people that -- surveying the employers who were surveying.
This year is gone up somewhere between 26 -- a 132%.
That is pretty much what we are seeing and the expectation is -- next year.
It is going to go up another forty per cent on average.
Well we've got to take a break Gina thank you very much for joining us I think -- just remind us of how complicated this -- for somebody who just wants to run a business.
Doesn't want to have to -- twenty accounts to help figure out.
How to make Obama care work thank you so much -- for being here.
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