CAMPUS REFORM – Obamacare could cost the University of Carolina (UNC) system as much as $47 million per year starting in 2015 — and the universities may cut hours and jobs to comply, Campus Reform has learned.
The Affordable Care Act requires the system to start providing insurance for 8,586 non-permanent employees who work more than 30 hours per week — but UNC is considering just cutting their hours to avoid having to pay for the insurance, Marty Kotis, a member of UNC Board of Governors’ Budget and Finance Committee, writes on his blog, the Greensboro Observer.
Kotis told Campus Reform that UNC Chief Operating Officer, Charlie Perusse, said universities will “likely” cut the hours of 75 percent of eligible employees in order to lower the cost of complying with the mandate to between $11-$22 million.
Read more at Campus Reform.
