Monday, October 14, 2013

Georgia business weighs paying ObamaCare fine, instead of coverage

Debbie and Larry Underkoffler launched a boutique staffing agency in what they call the worst economy ever, doing anything they could to stand out to potential clients. 
"I would bake sourdough bread, and I made homemade strawberry jam, and deliver it to my prospects," Debbie Underkoffler told Fox News. "I would also deliver homemade cookies." 
Through years of hard work, they built North Georgia Staffing to the point it now has 18 full-time employees, whom the Underkofflers happily provide with generous health benefits. 
"We have very good employees, and we want to take very good care of them," Debbie Underkoffler said. 
But under ObamaCare, the Georgia company now faces a tough choice -- cover all of its temporary workers as well, or pay a hefty fine. 
Aside from its full-time staff, the company also manages about 400 temporary workers, and is hoping to add another 200 in the next year. Those employees can buy into a separate health insurance program North Georgia Staffing signed up with. Under new ObamaCare rules, many of those "temps" will count toward the Underkoffler's full-time staff.  Larry Underkoffler calculates their full-time employee count will instantly surge from 18 to around 200. They will go from boutique operation to "major employer" overnight. 
And that means, under the health care law, they'd have to provide insurance coverage to all, or pay a $2,000-per-worker fine. In the Underkofflers' case, the fine might be the more affordable option. 
Via: Fox News
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