Insurance Services

The Sharks are Circling – Seek Refuge in a Private Exchange Now!

Just when you thought it was safe to go back in the water – the IRS bites. Its recent ruling on dumping employees into the public health exchanges has many employers scratching their heads and asking “hmmm, isn’t the point of the Patient Protection and Affordable Care Act to get more people health care coverage?” Why then would the IRS impose hefty penalties on employers who provide a subsidy for employees to go out and seek health care in the public marketplaces?