The Affordable Care Act is looking less and less so as 2013 approaches. The adage that "Nothing is sure except death and taxes" is certainly applicable as the New Year gets closer. To pay for the PPACA, the government is requiring everyone to give up some of that revenue that came from some effort that "you didn't build."
In light of who pays more, it appears that all stakeholders involved with health care—including families, businesses, and medical providers—are going to have to tighten their belts come January.
According to Fox News, while the individual mandate tax gets most of the attention, the PPACA, also not so affectionately known as ObamaCare, actually contains 20 new or higher taxes on the American people.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
