Pacun Posted December 7, 2014 Report Share Posted December 7, 2014 The Taj Mahal Hotel and Casino in Atlantic City employs more than 2000 employees. The owner is asking the Union to sign a contract without any insurance benefit for its employees. They have insurance right now but the owner claims that if they continue to pay for insurance they will close. It seems that they will close in a couple of weeks anyways because the Union and owner don't agree. The owner claims that with ACA, employees can go to the exchange and get insurance at reasonable prices or free. My question is: Why the owner is not concern about the penalties that the IRS will impose? Quote Link to comment Share on other sites More sharing options...
Lee B Posted December 7, 2014 Report Share Posted December 7, 2014 Because penalties are less expensive than health insurance especially in an industry where you can keep your employees below 30 hours per week. Quote Link to comment Share on other sites More sharing options...
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