The Republican-controlled House today passed a temporary spending bill that avoids a government shutdown of, but strips all funding for, the Affordable Care Act — which is supposed to take effect on Oct. 1, the same day the federal Treasury could run dry unless the fiscal showdown between the House and the Democratic-controlled Senate is resolved.
UPDATE Sept. 23: Here are our answers to your questions on Obamacare.
Partisan wrangling that holds the ACA hostage to loosening the federal purse strings and raising the nation's debt ceiling is likely to boil over in the days ahead. But with the Senate and President Barack Obama determined to roll out the ACA on Oct. 1, time is running out for employers to get up to speed on the law.
The Sept. 23 issue of NJBIZ answers many of the questions employers and their workers are asking about the ACA, which Rutgers University estimates could get more than 400,000 of the state's 1 million uninsured covered.
We explain what's supposed to happen with the Oct. 1 launch of the new marketplace, where small businesses and their workers can compare prices and buy health coverage. Many of those plans will include a generous subsidy from the federal government, for those whose incomes make them eligible for assistance. We explain what the marketplace offers employers who now provide health insurance, but are thinking of encouraging their workers to buy a subsidized policy on the marketplace instead. And employers who don't offer coverage can find out how the exchange might help get their workers covered.
It's your one-stop guide to all the questions you have on the ACA, but were too busy running your business to ask. Look for it in Monday's edition and at NJBIZ.com.
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