Fines for Fringe Benefits

Beware Huge Penalties on Health Care Compensation

Under Obamacare, Julie Taylor and husband Brian have spent countless hours trying to find an affordable health care solution for themselves and the farm's only full-time employee, son Justin. ACA regulations greatly restrict reimbursement arrangements when employers do not provide group health insurance, although there is an exemption for single-employee coverage. (Photo courtesy of Julie Taylor)
Under Obamacare, Julie Taylor and husband Brian have spent countless hours trying to find an affordable health care solution for themselves and the farm's only full-time employee, son Justin. ACA regulations greatly restrict reimbursement arrangements when employers do not provide group health insurance, although there is an exemption for single-employee coverage. (Photo courtesy of Julie Taylor)
A little-noticed rule in the Affordable Care Act could impose huge penalties on small business. In most cases, if you have offered employees cash reimbursements instead of business-provided health care insurance, you must make changes retroactive to 2014 or...

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