News Headlines Article

Limited plans may help employers avoid health care reform penalty
Business Insurance

Employers that provide extremely limited health care plans have a way around paying significant penalties to the government when major provisions of the health care reform law go into effect next year.

A growing number of benefit experts say employers can offer bare-bones plans without running afoul of a Patient Protection and Affordable Care Act provision that imposes a $2,000 penalty per full-time employee for not offering what the health care reform law calls minimum essential coverage.