News Headlines Article

Obamacare penalty landscape changes in 2016
San Diego Union-Tribune

A few years back, many predicted that requiring businesses to offer their employees health coverage or pay a penalty would be ruinous for companies across the nation. The provision, often called the Employer Mandate, reached full implementation on New Year’s Day with little fanfare or protest, along with a raft of changes to plans offered by Covered California, the state’s health insurance exchange. As of Friday, companies with the equivalent of 50 to 99 full-time employees must offer their workers health insurance that meets the Affordable Care Act’s affordability and adequacy requirements.