business plan outline example
Who owns a small business? You know what is required to cover insurance for employees?
Individuals would be required to obtain coverage, either through an employer or government plan, or on his behalf. Employers must provide coverage or pay the government a percentage of payroll. Individual grants for health insurance will be offered on a sliding scale for those earning up to four times the federal poverty level, or $ 88,200 for a family of four, according to the document. The Energy and Commerce plan generally tracks the proposals for health care that Obama outlined during the campaign. However, in several areas, that goes beyond what the Senate will approve. For example, although there seems no support in the Senate to require individuals to obtain coverage, an employer requirement can not pass.
Most companies in the U.S. are small businesses. Require health care, increases the cost to the employer, for an average of $ 4,000 for a single employee or $ 12,000 for an employee with family, per year. If you require this, see the layoffs begin actually happening.
Business Planning Financials – Part 4 of 7