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: Obamacare
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
