The newest Obamacare fail: penalties of $36,500 per worker

Hey, employers, don’t even think about reimbursing your workers’ health-insurance premiums.

medicare_penaltiesBeginning this month, the IRS can levy fines amounting to $100 per worker per day or $36,500 per worker per year, with a maximum of $500,000 per firm.

This Internal Revenue Service penalty is not written into the Obamacare law. The amount is over 12 times the statutory amount in the Affordable Care Act of $3,000 per worker per year.

Read the entire Market Watch Opinion piece.

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