Health Care Act: Navigating Obamacare

And New Year's Day is closer than you think. So, are you ready?

Most of the buzz involving PPACA is the "pay or play" stipulation. Employers with more than 50 full-time workers must decide if they will offer health insurance or pay the penalty and have their employees use the state insurance exchanges. For example, a firm with 70 rated full-time employees that chooses to pay the penalty would be hit with an $80,000 penalty (the first 30 employees are not counted, thus 40 multiplied by $2,000 per person).