As we have seen, many individuals are relieved to have the election over and are breathing easier knowing they can continue to be covered. But many businesses are still concerned. The Affordable Care Act (“ObamaCare”) requires employers to either play a role in coverage, or pay a penalty of up to $3000 per employee. But the formulas and penalties are quite different for small and larger employers, and understandably many are cautious and will take some effort now to better inform themselves. Or, as seen in this story, some may instead seek to adjust the size of their payroll, while others use health care as a recruitment incentive. (Video: KRIV 26 News)
EMPLOYER DECISION CHART: FOR AFFORDABLE CARE ACT OPTIONS & PENALTIES
