Tags: US | Health | Care | Business

Employers, Citing Mass. Law, Leery of Health Rules

Friday, 19 Mar 2010 04:14 PM

Massachusetts has fined more than a thousand companies over $18 million for failing to offer insurance to their workers.

That's a small fraction of what some business owners fear could happen on a national scale if President Obama signs a sweeping health care overhaul.

The fines are for violating Massachusetts' landmark 2006 health care law requiring larger companies to offer insurance or pay an annual fine of $295 per full-time employee.

Federal legislation would hit non-complying employers having more than 50 workers with a $2,000-per-employee fee if the government subsidizes their workers' coverage.

The Massachusetts law added more than 400,000 residents to insurance rolls — bringing the state total to 97 percent of all residents.

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Massachusetts has fined more than a thousand companies over $18 million for failing to offer insurance to their workers.That's a small fraction of what some business owners fear could happen on a national scale if President Obama signs a sweeping health care overhaul.The...
US,Health,Care,Business
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2010-14-19
 

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