Play-or-Pay Tax: Helping Employers Make the Big Health Care Decision
Jun 17, 2013
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By Michael Kitces, MSFS, MTAX, CFP, CLU, ChFC
Large employers have to decide for 2014 whether to "play" and offer employees affordable health care coverage, or "pay" the new penalty tax for not offering coverage. For some employers, it may be much cheaper to just pay the tax and let employees buy individual policies on the new exchanges. Here's what you need to know.