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Truth-O-Meter gives Florida's Gov. Rick Scott 'Pants on Fire' re ACA and small businesses
The Truth-O-Meter Says:
A company with "20 employees" could go "out of business" because of health care law requirements to buy insurance.
Rick Scott on Friday, June 29th, 2012 in a TV interview with Greta Van Susteren
A company with "20 employees" could go "out of business" because of health care law requirements to buy insurance.
Rick Scott on Friday, June 29th, 2012 in a TV interview with Greta Van Susteren
Employers with fewer than 25 employees, whose average annual wages are below $50,000 and offer health insurance, qualify for a tax break of no more than 35 percent. That cap will be lifted to 50 percent in 2014.
The law also creates a health insurance exchange for small businesses, with the idea being they can comparison shop for plans.
Mohyuddin was elated when a reporter told him that the law exempts him from penalties for not offering health insurance.
"That helps me a lot," Mohyuddin said. "I always thought I had to do this."
The law also creates a health insurance exchange for small businesses, with the idea being they can comparison shop for plans.
Mohyuddin was elated when a reporter told him that the law exempts him from penalties for not offering health insurance.
"That helps me a lot," Mohyuddin said. "I always thought I had to do this."
Our ruling
Scott repeated an anecdote about a business of about 20 employees that will go broke from having to offer health insurance under the law. But these employers would face no such penalty like the one described. They are exempt from requirements put on larger businesses. If he knew the basic facts about the health care law, he would know that.
We rate Scott’s statement Pants on Fire.
Scott repeated an anecdote about a business of about 20 employees that will go broke from having to offer health insurance under the law. But these employers would face no such penalty like the one described. They are exempt from requirements put on larger businesses. If he knew the basic facts about the health care law, he would know that.
We rate Scott’s statement Pants on Fire.
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