Posted by
Defend America on Monday, October 26, 2009 6:56:10 PM
AP sources: Bill likely to cut employer mandate
By DAVID ESPO, AP Special Correspondent David Espo, Ap Special Correspondent
–
Sun Oct 25, 5:47 pm ET
WASHINGTON – 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.
http://news.yahoo.com/s/ap/20091025/ap_on_go_co/us_health_care_overhaul