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September 12, 2013

Health care law puzzles business owners

  • Some say it may be more advantageous for their employees to get coverage on the new health exchanges because it can be subsidized by the government.
    • By MICHAEL VIRTANEN
    Associated Press

    ALBANY, N.Y. — Restaurant owners Colleen and Tim Holmes were considering opening a third business in a growing upstate New York suburb but decided against it. One factor was the risk from expanding their staff beyond 50 full-time employees and having to provide them federally mandated health coverage.

    Despite knowing the penalty for that part of the Affordable Care Act had been postponed for a year, the couple said their margins are thin and the requirements and costs under the law remain unclear.


     
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