Why Obamacare Should Cover Newly Documented Immigrants
Hiring legalized immigrants would be cheaper than hiring Americans...
Jed Graham explains the perverse incentives created by proposals to exclude undocumented immigrants who receive legal status under immigration reform from receiving health insurance subsidies through President Obama’s health care reform law.
“Both approaches would give employers a big incentive to hire legalized immigrants in order to dodge ObamaCare’s fines for failing to provide affordable, comprehensive health coverage to workers. That’s because such fines may be levied based on the number of full-time employees who actually get subsidized coverage via ObamaCare’s exchanges.”
“For each subsidized worker, many employers will owe a $3,000 nondeductible fine, which equates to $5,000 in wages for a profit-making firm that pays a combined 40% federal and state tax rate.”