What Does Healthcare Reform Mean for Texas Employers?
With Congress finalizing a health care reform bill to send to the President, what exactly will the 2,000 page bill mean for Texas employers? As reported today by U.S.A Today, employers should expect, among other things:
- A health care exchange where small businesses can comparison shop for insurance policies;
- Fines for employers with 50 or more employees if any full-time workers qualify for health care subsidies; and
- Increases in Medicare payroll tax.
Only time will tell what the true cost of this reform will be for employers and whether the benefits cost.
