This one aimed directly at 'small business'--defined as employing less than 50.
Employers who reimburse their workers for health care costs will face massive tax penalties beginning [July 1, 2015].
Prior to the passage of the Affordable Care Act, with its mandate
that all Americans purchase insurance and requirement for businesses to
offer employees insurance plans, many small companies provided coverage
by directly reimbursing medical costs or for the cost of private
insurance plans. Businesses do it because that’s a less complicated
process than dealing with an official health insurance plan, but
continuing to do so after July 1 could cost them hundreds of dollars in
fines each day....
'Reimbursement' is not as rare as you might think; there's at least one Milwaukee-area company which was using that method a few years ago. Not likely that it still does; it employed far more than 50 people and thus had to dump that plan in favor of ObozoCare.
...The new rule is the result of an Internal Revenue Service interpretation
of part of the ACA. It seems intended to force employers to offer a
group health insurance plan (or leave their employees to fend for
themselves on the health insurance exchanges)....
You will be made to conform. And you will like it, comrade.
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