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{"id":10491,"date":"2013-03-19T16:15:19","date_gmt":"2013-03-19T16:15:19","guid":{"rendered":"http:\/\/www.seonewswire.net\/2013\/03\/the-obamacare-challenge-for-employers\/"},"modified":"2013-03-19T16:15:19","modified_gmt":"2013-03-19T16:15:19","slug":"the-obamacare-challenge-for-employers","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2013\/03\/the-obamacare-challenge-for-employers\/","title":{"rendered":"The Obamacare Challenge for Employers"},"content":{"rendered":"

Employers will be challenged by the new affordable care act regulations which will go into effect in 2014. <\/p>\n

Penalties<\/h3>\n

A company who does not offer insurance and has 100 employees is looking at a minimum new expense of $140,000. The math for the new penalty is the following for an employer with more than 50 full time employees who offers no coverage:
\n * $2000 times the number of full time employees – 30<\/p>\n

Even if they offer coverage and pay 60% of the cost of the health plan, if a family employee’s portion is greater than 9.5% of their pay the family can then buy on the exchange and the employer has to pay a $3,000 penalty. With some family plans at or above $20,000 per year that could add up as those employees are probably not paying for family coverage now because they cannot afford it. <\/p>\n

For a family whose (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Employers will be challenged by the new affordable care act regulations which will go into effect in 2014. Penalties A company who does not offer insurance and has 100 employees is looking at a minimum new expense of $140,000. The…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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