Because ObamaCare has a look-back period of one year for determining who must be offered health insurance, employers all across America are cutting back the hours of every employee they can to 29 per week right now in order to be exempt from the provisions starting in 2014.
The latest employer in the news is Cedar Falls, Iowa, which hopes to save about $850,000 by cutting its 32 hour workers to 29 hours, as reported here:
City attorney Tom Meyer said if every one of those 59 workers were to remain at 30 hours per week and get health insurance, it could cost the city as much as $850,000 per year.
