Another problem with the HC bill
Mar. 16th, 2010 10:39 pmhttp://news.yahoo.com/s/ap/20100315/ap_on_bi_ge/us_health_care_overhaul_primer
Once the exchanges open, most Americans would be required to carry health insurance or pay a fine.
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Seniors have been understandably worried about the health care plan, much of it financed with Medicare cuts the government’s own experts say could be unsustainable.
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But the fines could turn into a big headache for many employers, particularly since they may not be able to tell if their workers are getting benefits from the government. For example, a company with 100 employees that fails to provide coverage could face a fine of $140,000 under the plan Obama unveiled Feb. 22.
Once the exchanges open, most Americans would be required to carry health insurance or pay a fine.
….
Seniors have been understandably worried about the health care plan, much of it financed with Medicare cuts the government’s own experts say could be unsustainable.
….
But the fines could turn into a big headache for many employers, particularly since they may not be able to tell if their workers are getting benefits from the government. For example, a company with 100 employees that fails to provide coverage could face a fine of $140,000 under the plan Obama unveiled Feb. 22.