Bigger companies also can save by sending employees to exchanges. Western Communications Inc. dropped coverage for its 280 employees this the year after the newspaper publisher had more than $2 million in health care claims last year. Employees can go to exchanges, where they may be eligible for subsidies to help pay for care.
President Gordon Black said the decision was made even though a company of Western’s size likely will face a fine — which can total $2,000 per employee for most workers — for not offering coverage.
“We’ll cross that bridge when we come to it,” he said.