General Discussion
In reply to the discussion: Why are Medicare Advantage premiums going up almost 300% in NC? [View all]WinkyDink
(51,311 posts)Jan. 1, 2015 "Employer mandate" looming
Another Obamacare milestone won't hit until 2015, but it should make headlines in 2014 as business owners prepare for it.
The so-called "employer mandate" requires all businesses with more than 50 workers provide health-care coverage or pay fines of $2,000 per employee. The mandate was supposed to take effect in 2014, but the Obama administrationdelayed it by a year. The administration said its decision was "designed to meet two goals," including reducing the amount of paperwork required from employers and working with small companies who were threatening layoffs or reduced hours in order to report a workforce of fewer than 50 people.
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IOW: ANY company raising rates are USING THE ACA UP-COMING MANDATE AS AN EXCUSE.