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Companies Could Challenge ObamaCare Employer Fines
Investor's Business Daily ^ | 9/16/2011 | David Hogberg

Posted on 09/19/2011 10:00:42 AM PDT by Slyscribe

Another ObamaCare glitch could result in some businesses being exempt from fines for not providing their workers with health insurance.

A company would have to challenge the fine in court. But if one does, that could eliminate employer penalties in many states and make residents in those areas ineligible for premium tax credits.

Under ObamaCare, a company with 50 or more employees faces a $2,000 annual fine per employee if it does not provide insurance. But it's only fined if one of its employees applies and qualifies for a premium tax credit via a health insurance exchange.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: fine; fines; healthcare; insurance; irs; obamacare; waiver

1 posted on 09/19/2011 10:00:52 AM PDT by Slyscribe
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To: Slyscribe
I Want My Equal Protection from ObamaCare!

Olive Garden gets a waiver!

What if I promise to cut my salt intake 10% over ten years?

2 posted on 09/19/2011 10:04:05 AM PDT by TexasCajun (Fast & Furious , Solyndra & :Light Squared would be enough to impeach any White President !!)
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To: Slyscribe

From the article: “Under ObamaCare, a company with 50 or more employees faces a $2,000 annual fine per employee if it does not provide insurance. But it’s only fined if one of its employees applies and qualifies for a premium tax credit via a health insurance exchange.”

Right there you have proof that this is a huge boondoggle that intends to allow the government to manage every aspect of our lives, be business owner or employee. You don’t even need the other 2700 pages - which are filled with the same bureaucrat empowering double talk.


3 posted on 09/19/2011 10:05:49 AM PDT by C. Edmund Wright
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To: Slyscribe

which again, begs the question....

What sort of sick, sick minds spent years behind closed doors writing this 3000 page monstrosity?


4 posted on 09/19/2011 10:23:07 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

Cloward and Piven.


5 posted on 09/19/2011 10:39:15 AM PDT by grumpygresh (Democrats delenda est)
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To: TexasCajun

“I Want My Equal Protection from ObamaCare!”

Equal protection only applies to things that affect members of interest groups with a strong lobby and voice in the MSM.


6 posted on 09/19/2011 11:00:03 AM PDT by Tublecane
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