Benefits Of The Union Fighting For Health Care

1328 Words Sep 4th, 2015 6 Pages
Health Care Bargaining - Union
The two hardest components in any collective bargaining negotiations is wages and health care. Finding a balance between both is even harder and for a company to stay competitive in the long run. The best strategy in negotiations is for the union to know and weigh the pros and cons of both sides and understanding the legislation affecting the issue to properly negotiate. This paper will first look at the pros and cons of the union fighting for health care or an increase in wages, the impact of legislation, and provide the best argument for the union against GMFC.
Pros
There are some positive outcomes from keeping the current health care plan or negotiating an increase in wages to offset the cost. The
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Some states in 2011, also limited the scope of bargaining for healthcare making it almost impossible for unions to adjust plans.
Patient Protection and Affordable Care Act
The PPACA was enacted to make health care affordable and available to everyone. Commonly referred to as the Affordable Care Act, was signed into law on March 23rd, 2010 by President Obama. PPACA also increased the quality of healthcare citizens could receive when their employer does not provide health insurance benefits and regulated the health care system to protect consumers.
Cadillac Excise Plan Tax
The Cadillac excise plan tax is a part of the PPACA and fines very expensive health care plans (a.k.a. Cadillac insurance plans) by taxing them at 40 percent. Under this created tax, any insurance plan that exceeds a certain threshold ($10,200 for individuals and $27,500 for families), companies will have to pay the 40 percent tax per plan starting in 2018. This is meant to deter from overly priced plans and make them more affordable.
Health Insurance Portability and Accountability Act
HIPAA is the oldest enacted of the legislation affecting upcoming bargaining being signed into law in 1996. The law provides the ability to transfer and continue coverage for
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