Per the Greensboro Observer:
Obamacare will cost the University of North Carolina System $47 million per year starting in 2015 for its 8,586 employees that exceed 30 hours per week that don’t have State insurance. This is a recurring annual expense. The workers include temporary/visiting faculty, graduate or teaching assistants, post-doctoral employees and student employees. This group is in addition to the primary UNC workforce that is already covered by the State Health Plan.
Under the Affordable Care Act (ACA) employers are required to provide qualified health insurance plans to much of their workforce or face hefty fines.
The University is responding by seeking lower cost insurance and asking for approval to provide these workers a cheaper plan. It is also exploring cutting the hours of 50-75% these 8,586 employees to keep them under 30 hours per week.
Of course, the White House would spin this as good news, because, um..well…”job lock” or something.
(HT: Carolina Plott Hound)