A 40 percent excise tax will be assessed, beginning in 2018, on the cost of coverage for health plans that exceed a certain annual limit ($10,200 for individual coverage and $27,500 for self and spouse or family coverage). Health insurance issuers and sponsors of self-funded group health plans must pay the tax of 40 percent of any dollar amount beyond the caps that is considered "excess" health spending.
Health Policy Briefs
Just so we are all clear...From the first question on Healthcare.gov....
Notice the question "I'm looking for coverage for a small business I own, or operate."
Scientific fact: If you took all of the veins from your body and laid them end to end, you would die.
just one more reason why the PPACA won't work. people weren't buying private, for profit insurance mostly because they couldn't afford it. they still can't afford it.
that being said, i have no problem with making the safe auto plans illegal. they slimy assholes will try to weasel and fine print their way out of covering anything if we don't absolutely legislate it. this is what happens when half of the country absolutely insists that an essential service with inelastic demand be delivered by three levels of for-profit entities. the price is only going one way until regulation forces it down.
The provisions which created the SHOP program do not require any small business to drop it's current plan (if it even has one) contrary to your dishonest claim. Large businesses are not qualified to use SHOP.Is it not listed on Healthcare.gov? Is it not a part of the ACA? I think you are trying to play semantics, and split hairs here.
And businesses that use SHOP do not choose a plan for their employees. Instead, they merely indicate how much they are willing to contribute towards their employees coverage, and then their employees choose what coverage they want.