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Colorado Bill Targets Large Companies Without Health Insurance Plans
The Denver Post
Apr. 6, 2016 "[Proposed legislation] would impose fees on large employers that pay low wages and provide no health insurance. The money would go into a fund to support the state's growing Medicaid costs.... The bill would charge applicable employers a fee ranging from 25 cents to a dollar for each hour worked by employees under the $12 wage cap. A state board would set the actual assessment. Supporters estimate that the fees, with federal matching funds, could generate $80 million to $130 million yearly toward medical care costs." MORE >> |
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