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This is pretty big news for our 50+ size groups, or for you if your employer has 50 or more employees.

Basically the administration is delaying the financial penalty for these companies if they don't provide insurance for their employees. This will be a relief for many business owners - at least for 12 months.

One thing we're curious to know is the financial impact of this decision on the Federal budget. Our understanding is that these employer fees are meant to provide much of the money to subsidize people who buy certain individual policies.

Those subsidies begin January 1, 2014. So where will the money come from with the employer penalties being pushed off until 2015?

Hold onto your hats, friends.
Posted 6:08 PM  View Comments

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