California Employment Law
Have California Employment Law Questions? Ask a Lawyer.
Good afternoon Jeff, I'm Doug, and I'm sorry to hear of the confusion. My goal is to provide you with excellent service today. Starting in 2014, Small businesses with up to 100 full-time employees (50 or fewer in some states) will be able to compare and buy health insurance on the exchanges for their employees. In July of this year however, the mandate was delayed until January 1, 2015. So, you business has a year and 3 months to plan for the implementation of your obligation to the employees. Please keep in mind that, even though you have already paid your deposit money over to JustAnswer, until you rate me highly for my service, I will not be paid for having assisted you with your questions. If you have additional questions, you may reply back to me using the Reply to Expert link and I will be happy to assist you further until your questions have been answered to your satisfaction. I wish you the best in your future. Doug
If we don't provide, then there is a tax. How much?
The tax does not begin until 2015.
For companies which don't offer insurance any insurance, have more than 50 employees, and have at least one employee receiving insurance subsidies (through the Obamacare health insurance exchange), they must pay a tax of $2000 per subsidized employee. The tax is applied to all of a firm’s employees (after excluding the first 30), not just those that are subsidized. For example a firm with 51 employees would pay $42,000 in new annual taxes, and an additional $2,000 tax for every new hire.
Companies that do offer insurance, the penalty is $3,000, for every employee not insured who get subsidized coverage from the Obamacare health insurance exchange.
You may reply back to me again if you have additional questions, and I will continue to assist you.I wish you the best in your future, Doug
for employees not covered, what will the exchange in California charge? My understanding is that people can apply 10/1 for coverage beginning 1/1/14, and with income qualifications, apply for subsidy/reimbursement from the government. Is that accurate? Is there a web site that describes well what I'm stumbling through?
Hi Jeff, You have moved from the employer mandate to personal coverage available to everyone who qualifies and that is a new question that should be placed in a new question thread. However, as an accommodation to you, I will answer it here.
The charge will be based on what state you are in, what coverage you want and what agreement the insurance companies work out with the feds---no one knows the cost yet. You may ask for me personally by referring to me by name (Doug) in your new question and I will be able to assist you. As the questions that you are posing are new, I am required to ask you to please open up a new question thread for them. Thank you for your understanding. Please keep in mind that even though you have already paid your deposit money over to JustAnswer, until you rate me highly for my service, I will not be paid for having assisted you with your questions. Thanks again. Have a great day, Doug
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).