The Affordable Care Act requires employers with 50 or more employees to provide health coverage for their employees or face stiff fines. To comply with the new law, many employers were canceling their group health plans, dumping their employees into the health exchange (which is Covered California in this state), then reimbursing those employees for… Read More
Posts Tagged With: Affordable Care Act
The Affordable Care Act is Good for Small Business
In the October 14, 2013 edition of The New Yorker, author James Surowiecki argues that the Affordable Care Act, which is often referred to as “Obamacare,” will have “enormous” benefits for entrepreneurs and small businesses. You can find the article here. One benefit, according to Mr. Surowiecki, is that employees will no longer face “job… Read More
The Affordable Care Act — Good For Enterpreneurs?
In today’s New York Times, there was an interesting article entitled, “Affordable Care Act Could be Good for Entrepreneurship.” In the article, the author cited a new study from the Robert Wood Johnson Foundation, the Urban Institute, and Georgetown University’s Health Policy Institute that showed how the Affordable Care Act is expected to produce a… Read More
U.S. Supreme Court Upholds Patient Protection and Affordable Care Act
The U.S. Supreme Court today upheld the Patient Protection and Affordable Care Act. By a vote of 5-4, the Court ruled that the part of the law that requires everyone to buy health insurance or pay a fine – the so-called “individual mandate” – is constitutional because it amounts to a tax, which Congress has… Read More
