Published on January 3, 2013 at 1:01 AM
The Wall Street Journal: Under Health Law, Employers Must Insure Workers' Dependents
Large employers who are subject to the health overhaul law's requirement to provide insurance or pay a fee must also extend coverage to their workers' dependent children, according to federal regulations released Friday. The 144-page proposed regulation that the Obama administration unveiled late Friday offered new details for how employers will have to comply with the health overhaul law (Adamy, 12/28).
CBS (Video): Businesses Begin Bracing For The Affordable Care Act
The new legislation will require businesses with 50 or more workers to provide affordable health care for their employees starting in 2014 or pay a penalty of up to $2,000 per worker. Businesses with fewer than 50 employees -- that's 96 percent of all companies, will be exempt. They won't have to do anything. Dr. Ezekiel Emanuel, a health policy advisor to the White House who helped develop the new plan, said the cost to businesses is a "real concern" (Mason, 1/1).
This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.