MONEY MATTERS: Although the Affordable Care Act does not require companies to provide employee health insurance, business owners may want to pay special attention to the law's tax implications.
Large employers that do not offer workers a minimum level of essential health coverage could be hit with costly penalties. Meanwhile, financial incentives may be available to certain small employers that choose to provide employee health coverage.
For many businesses, the presence of certain staffing thresholds may also influence hiring decisions.
- Written by Charles Sims Jr.