Tuesday, October 15, 2013

Georgia business weighs paying ObamaCare fine, instead of coverage

They argue that providing insurance to all the employees would bankrupt the company. Instead, they'll eat the cost of the fine, and dump the employees they can't cover into Georgia's federally run health insurance exchange. 
"It looks like we will have to just pay the penalties," Debbie Underkoffler told Fox News. 
Those penalties could add up to $400,000 in just the first year. That comes right off their bottom line. Still, it's a fraction of what providing health care could cost them. That tab could top $2 million per year. 

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