A survey by online health benefits seller eHealthInsurance of 439 small business owners finds most do not understand applicable provisions of the Patient Protection and Affordable Care Act.
The act requires employers with 50 or more full-time employees to provide coverage. Only two of the surveyed businesses were large enough to fall under the requirement, yet 34% believed they had to provide coverage and another 35% didn’t know. Thirty-one percent correctly knew that they were not required to pay a tax if they did not offer insurance because of the size of their business.
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