IRS Bans Employers From Moving Workers To Obamacare Exchanges

The IRS issued a ruling that prevents employers from dropping their health insurance to put employees on the Obamacare exchanges. Many small businesses have already attempted to save money by giving their employees a lump sum to shop for their own healthcare, but the new ruling from the IRS indicates that any company attempting this tax-free tactic could face fines of $30,000 per worker each year.

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