Home Page Blog Home & Auto Insurance Business Insurance Health Insurance Why Us?

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

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive

View Mobile Version
Home Page About Us Contact Us