Eugene David ...The One-Minute Pundit |
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Sunday, October 25, 2009
Businesses would not be required to provide health insurance under legislation being readied for Senate debate, but large firms would owe significant penalties if any worker needed government subsidies to buy coverage on their own, according to Democratic officials familiar with talks on the bill.
For firms with more than 50 employees, the fee could be as high as $750 multiplied by the total size of the work force if only a few workers needed federal aid, these officials said. That is a more stringent penalty than in a bill that recently cleared the Senate Finance Committee, which said companies should face penalties on a per-employee basis. [Emphasis added] How many firms have 50 to 1000 employees? Are they large too? The more they talk, the more they write, the more convoluted this gets.
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