Archive for April, 2016

Employer Penalty (Small Group Businesses)

Posted on April 26, 2016. Filed under: Health Insurance |

Starting July 2015, IRS will be penalizing small group employers for reimbursing employees who purchase individual insurance with employer dollars.

The penalty will be $100/day per employee, which can easily add up to $36,500 each year.  To read more about this penalty, please reference the Forbes article.

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