Friday, May 31, 2013

Sizing Up Health Costs

How Three Business Owners Are Coping With New Insurance Requirements 

Small employers across the U.S. are struggling to get a handle on their health-care costs under the Affordable Care Act.

Many of them say they expect their operating expenses to jump in 2014, when the law's employee health-insurance requirements take effect. But they acknowledge that their forecasts are back-of-the-envelope calculations based on only partial information.

Starting next year, the federal government will impose penalties on any business with 50 or more full-time equivalent employees that doesn't provide adequate health-insurance coverage to workers who clock 30 or more hours a week.

Read full article here from The Wall Street Journal

 

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