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Fox News Admits 'Breakdown' on Sherrod Story

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BryanS7/29/2010 10:18:40 pm PDT

re: #649 engineer dog

re: #618 BryanS

let’s see… companies can choose not to provide health insurance now, and they will pay no penalty.

after jan 1st 2014, companies can choose not to provide health insurance, and they WILL pay a penalty

and why would the imposition of a penalty make companies more likely to incur it?

Right now, if they drop coverage they are at a competitive disadvantage because almost everyone gets their insurance from their employers.

After Jan 1st, 2014, if they stop offering the benefit, they can pay a measly $2000 and let the government pick up the rest. Voila, health care for all your employees without paying for it.