Ubiquity Retirement + Savings
ftwilliam.com / Wolters Kluwer
Nexus Administrators, Inc.
DWC - The 401(k) Experts
The Ryding Company
Benefit Comply, LLC
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|Impact of Health Reforms on Employers Weighed|
Business Insurance; free registration required
Mar. 22, 2010
Excerpt: [E]mployers that don't bring health care plan costs under control eventually would be exposed to a new 40% federal excise tax on health insurance premiums that exceed certain levels. In addition, employers could face assessments of $3,000 a year per employee if employees' share of health care premiums fails a new affordability test. Employers most likely to be affected by the health reform changes will be those whose workforces are comprised largely of lower-wage workers paying premiums that exceed what the legislation defines as affordable, experts say.
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