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Employers Blast Fees From New Health Law

Wall Street Journal (03/15/13) Janet Adamy

Companies are preparing for a fee in the federal health care law that will charge them $63 for each person they insure in 2014. Together, companies and other plan providers will pay approximately $25 billion over three years to create a fund for insurance firms to offset the cost of covering people with high medical bills. These fees will hit larger U.S. employers particularly hard. Several have gone on the offensive, lobbying federal regulators to either exclude or shield their insurance recipients from the fee.