The survey found that 81 percent of companies plan to continue providing health benefits and 10 percent are not sure whether they will continue doing so.
Employers surveyed said they felt hospitals are most responsible for driving up medical costs, followed by inefficiencies in the overall healthcare system and the unhealthy lifestyle of many Americans.
Beginning in 2014, certain employers with at least 50 full-time equivalent employees will face penalties if one or more of those employees obtains a premium credit through a health exchange, meaning the employer is either not offering coverage or offering inadequate coverage as defined by the PPACA. The penalty for large employers not offering coverage will be equal to the number of full-time employees minus 30 multiplied by one-twelfth of $2,000 for any applicable month.
Following the passing of the law in 2010, the Congressional Research Service issued a summary of potential employer penalties under the PPACA.
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