The House is expected to vote on the much anticipated Save American
Workers Business Act (H.R. 3798) in the next few weeks. The bill would amend the definition of a Full-time employee and suspend ACA penalties for Applicable Large Employers.
(SHRM September 14, 2018) The legislation governs so-called applicable large employers, those with 50 or more full-time employees or the equivalent in part-time employees' hours. According to SHRM the bill would:
- Establish a 40-hour workweek for determining FT status
- Suspend the ACA's employer mandate for 2015 through 2018
- Further delay the "Cadillac tax"
- Modify ACA reporting requirements
No doubt this is good new for many Applicable Large Employers but is it really good for American Workers? Some would argue that the mandate is taking away jobs that would otherwise exist if those employers weren't required to offer health insurance. However, would these employees (working 30-39 hours per week) be able to find affordable health insurance themselves in the individual market? Should this be called Save American Business Act?