Employers can control health care costs with alternative approaches

Businesses are only subject to federal penalties if workers receive tax credits for government-run health care exchanges

Employers concerned about their obligations under the Affordable Care Act (ACA) should consider alternative approaches that may exempt them from providing health insurance to all employees, according to Charles Wachsstock, an employee benefits attorney at Debevoise & Plimpton.

In a webcast sponsored by the Practising Law Institute, Wachsstock noted that employers that do not provide health coverage only incur government penalties if an employee gets a tax credit for purchasing insurance on a government health care exchange, Thomson Reuters reports.

Alanna Byrne

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