House Amendment 1480 PAG LIN 1 1 Amend House File 868 as follows: 1 2 #1. Page 59, by inserting after line 8 the 1 3 following: 1 4 <DIVISION XIV 1 5 HEALTH CARE INSURANCE EXPENDITURES 1 6 Sec. . NEW SECTION. 84A.11 HEALTH CARE 1 7 INSURANCE EXPENDITURES ASSESSMENT. 1 8 1. By January 31 of each year, a for=profit 1 9 employer with more than fifteen thousand employees 1 10 shall file a report with the department of workforce 1 11 development identifying all of the following: 1 12 a. The total amount of wages paid to employees 1 13 during the previous calendar year. 1 14 b. The total amount of health care insurance 1 15 expenditures paid by the employer during the previous 1 16 calendar year for the benefit of employees. "Health 1 17 care insurance" includes insurance for medical care, 1 18 prescription drugs, vision care, dental care, and 1 19 other costs to provide health care insurance benefits. 1 20 2. At the same time the report required under 1 21 subsection 1 is filed with the department of workforce 1 22 development, if the amount reported for the previous 1 23 calendar year pursuant to subsection 1, paragraph "b", 1 24 is less than eight percent of the amount reported for 1 25 the previous calendar year pursuant to subsection 1, 1 26 paragraph "a", the employer shall be assessed an 1 27 amount equal to the difference of eight percent of the 1 28 amount reported for the previous calendar year 1 29 pursuant to subsection 1, paragraph "a", and the 1 30 amount reported for the previous calendar year 1 31 pursuant to subsection 1, paragraph "b". An 1 32 assessment under this section shall be remitted to the 1 33 department of workforce development for deposit in the 1 34 medical assistance fund of the department of human 1 35 services. An employer shall not deduct any assessment 1 36 paid pursuant to this subsection from wages paid to 1 37 employees. 1 38 3. An employer failing to meet a requirement of 1 39 this section may be assessed a civil penalty not to 1 40 exceed two hundred fifty thousand dollars for any 1 41 violation.> 1 42 #2. Title page, line 2, by inserting after the 1 43 word <assistance> the following: <, assessments,>. 1 44 #3. By renumbering as necessary. 1 45 1 46 1 47 1 48 MASCHER of Johnson 1 49 HF 868.304 81 1 50 tm/cf/2855 -1-