Saturday, November 29, 2014

Big business group considers formally opposing Obamacare

The Business Roundtable, an association of chief executive officers of 200 leading U.S. companies, is weighing formally opposing Obamacare, which it had previously supported. - Sean Higgins/Washington Examiner

The association cited recent lawsuits by the Equal Employment Opportunity Commission against company health policies as the reason for the shift.

"The fact that the EEOC sued is shocking to our members," said Maria Ghazal, the group's vice president, told Reuters on Saturday. "They don't understand why a plan in compliance with the ACA is the target of a lawsuit. This is a major issue to our members."

Roundtable members are scheduled to meet in private with President Obama on Tuesday to discuss their objections.

The association has objected to EEOC lawsuits directed at company "wellness programs" — policies that are aimed at reducing employer-sponsored medical insurance costs by promoting healthier lifestyles, such as avoiding smoking or exercising regularly. Obamacare allows companies to reward employees who participate and penalize those who don't....