Most Oklahoma employers exempt from health-care act tax provisions


Read the Tulsa World continuing coverage of the health care law.


    By WAYNE GREENE World Senior Writer
    Published:  7/4/2012  1:57 AM
  
 Read more from this Tulsa World article at http://www.tulsaworld.com/news/article.aspx?subjectid=711&articleid=20120704_16_A1_Tevsao209702

“The vast majority of Oklahoma employers will be exempt from the tax provisions of the Affordable Care Act, according to state statistics.

Starting in 2014, the federal law will tax employers who don’t provide qualified health insurance to their employees, but employers with fewer than 50 workers are exempt from the tax.

Oklahoma Employment Security Commission statistics for the fourth quarter of 2011 show that 87,895 establishments had 49 or fewer employees. That’s 94.5 percent of the state’s employers, according to the commission.”

Read More

Advertisements
This entry was posted in Obamacare, Oklahoma and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s