TERRE HAUTE, Ind. (WTHI) - The Affordable Care Act has been a major topic of discussion for some time, and with a few important deadlines approaching News 10 wanted to see just how local businesses are dealing with the changes.
Bob Baesler is the owner Baesler's Market. He's prided himself on being able provide health insurance to his workers for the last 40 years.
Under the Health Care Act, employers must supply health care coverage for all full time workers by January 2014. That coverage has to meet government standards.
Baesler's current plan isn't enough. He'd have to pay more. So, he'll pay the penalty for not having his workers covered. That's about $1000 a worker.
Then he'll actually give them money to help them join the government exchange rate. Baesler said it'd be less costly for his business, but more importantly, it'll guarantee more coverage for his workers then he'd be able to give.
"It's not fair to our employees to penalize them by trying to offer them insurance that can buy so much more economically on the exchange," Baesler said.
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