Health law holds costly edicts for some companies

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If Doug Newman of Richmond-based Newman Concrete wants a full staff next year, he may have to shoulder some additional costs, or pay a penalty.

Newman’s family-run company pours concrete at job sites around Maine, and has between 50 and 100 workers on staff during summers.

Most of those workers don't currently qualify for employer-paid health insurance from Newman's company, but because of the way the Affordable Care Act, the 2010 federal health reform law, is written, those workers could mean thousands of dollars in penalties if Newman doesn't provide health insurance.

This Portland Press Herald Article features Bernstein Shur Attorney Steve Gerlach.

Please see full article below for more information.

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Topics:  Affordable Care Act, Healthcare, Penalties

Published In: Health Updates, Insurance Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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