49ers, 29ers, and America’s Brave New Employment World Under The Affordable Care Act (ACA)

As the Affordable Care Act takes effect, a strange new phenomenon is taking
place among small businesses throughout the United States.  According to The
Wall Street Journal’s recent article entitled “Obamacare And The ’29’ers”,
small businesses are struggling with decisions about whether or not to hire
more than 49 employees or to hire employees for more than 29 hours.  To do
so, may require them to provide costly healthcare benefits or face penalties
for not doing so.  It explains why many small business owners are cutting
back hours for employees and/or putting a freeze on hiring.  The Act has
created a whole new category of company and employee, and unlike its intent,
in many instances has not been responsible for expanding the number of
people covered by health insurance.

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Filed under Franchise Insight, Franchisors & Obamacare, In The News, Restaurant & Hospitality Law, The Franchise Legislation Monitor

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