Late Tuesday the Treasury Department provided the business community welcome relief by announcing that employers would not be penalized in 2014 under the insurance coverage mandate. Enforcement of the significant penalties that businesses with over 50 full-time employees could be assessed for not providing health insurance coverage to at least 95 percent of full-time workers will instead begin in 2015. Those penalties would currently amount to $2000/year for every full-time employee, not counting the first 30 employees.
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