Businesses Opting to Pay Obamacare Penalty Instead of Offering Health Insurance
- Details
- Created on Monday, 15 April 2013 08:07
- Written by Justin Credible
Businesses with 50 or more employees are required to offer health care insurance under Obamacare. The alternative is pay a large fine to the federal government, which goes towards paying for the multi-trillion dollar law. Reality is setting in for businesses. While the White House and liberals excoriate businesses for not helping the "worker," many would have to shutdown to pay for Obamacare's mandated health insurance. The result: businesses are paying the fine and dropping health care coverage.