How does Obamacare effect the restaurant business?

Discussion in 'Professional Chefs' started by shootoo, May 12, 2013.

  1. shootoo


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    Sous Chef
    Everyone over 29 hours is required to receive insurance through the restaurant?
  2. pete

    pete Moderator Staff Member

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    Professional Chef
    First off, I am not a lawyer, nor do I claim to understand all that is in the Obamacare package, but my understanding of Obamacare and how it will affect small businesses, in direct relation to the requirement of providing insurance, is that you are not required to provide insurance for employees if you employ less than 50 people.  In addition, if you employ less than 25 people and provide their insurance (I believe it is at least 50% of the premium) you will be entitled to some tax breaks.  Again, this is my understanding of the new laws, if I am wrong some please point this out.

    As a moderator here I do want to take a minute to be pre-emptive.  Obamacare is a vey hot topic right now and Chef Talk tries very hard to stay away from political discussions.  The OP asked a very legitimate question about what it requires of small businesses.  Please stick to the topic at hand.  There is no need to discuss (and argue) the merits or pitfalls of Obamacare, or speculate on how and if, this program is going to affect the economy and small businesses in general.  Please keep on topic, keep it factual and keep personal opinions to a minimum.  In other words, please keep the "editorial" commenting to yourself and we will be able to keep this thread opened.