Exit Coach Bill Black interviews Top Advisors for Tips, Ideas & Precautions for Business Owners who want to grow and protect their company value and plan for a successful Business Sale or Transfer. Listen daily so you can be well-planned!
Episodes
Friday Jun 17, 2016
Friday Jun 17, 2016
Here's a past highlight from one of our Guests. Find their full interview at www.ExitCoachRadio.com -- just click "Audio Library" in the "LISTEN" section and enter their name to hear all of their past interviews!
Transcript:
Cathy: For the two to fifty employer, you are not required to have group health insurance, but each and every one of your employees, because every person is supposed to have healthy insurance effective March 31st of this year. If you don't offer a group plan, then your employees will go to the exchange or marketplace, or coverca.com and buy a plan. They're not gonna like the prices, they're not gonna like the plans, and the big issue is going to be very small so their doctor or their hospital is probably not in the exchange. So, now, they're going to come back to you and say, "Mr. Employer, you need to put a group plan in so we can have the doctors and the hospitals we want to go to." My other issue is, if we have small business owners who have a group plan and they go, "Oh I'm gonna drop me plan and tell all of my employees to go to the marketplace." Again, they're gonna be upset, they're not gonna like it, and my big question is, Mr. Business Owner, do you really want to go to the exchange? Because if you don't have a group plan in place, you now have to go to these plans that have a very small network, and don't have all the doctors and hospitals that you want to go to.
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