Word: businessese
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How would the exchanges work? By 2010, each state would be required to establish an exchange, or marketplace, where insurance will be sold. Initially, only individuals and businesses with 50 or fewer employees would be eligible to shop in the exchanges, but by 2017, states would have to develop plans...
Would there be an employer mandate? No. But employers would have to pay an annual tax penalty if any of their workers receive subsidies to purchase insurance through the exchanges. The tax penalty assessed to the employer would be either $400 per worker (regardless of how many workers receive subsidies...
What kind of subsidies would the government offer to low-income Americans and small businesses to help them buy insurance? Starting in 2013, the Federal Government would offer a refundable tax credit to low- and middle-income individuals and families who purchase certain policies through the state exchanges. The credit...
Qualifying small businesses that offer their employees health insurance would be eligible for a tax credit to offset their contribution to the costs of the policies. An employer with up to 25 full-time employees whose average annual wages are no more than $40,000 would have access to some...
In the fast-food segment, Peru's Chinawok, which specializes in cuisine developed by the descendants of the country's Chinese immigrants, is one of the fastest-growing franchise businesses in Latin America, with 52 branches in operation and another 10 set to open by the end of the year...