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The budget agreement that was reached last week has defund Free Choice Vouchers of the new health care law. Most people have no clue what these are.
A free choice voucher gave the employee the right to take a employer contribution for a group health care plan and apply that to a the exchange plan. The employee would be eligible for this benefit if they were spending more than 8% of house hold income on health premiums.
Here are a few issues with having this type of voucher system. How would the house hold income of an employee be tracked? Who would track it? What would it cost to track this information? There are a lot more issues with these vouchers.
Now that this aspect of the health care law is defund what impact will it have?
