NGOs and companies will be required to provide insurance for all employees who are on W-2s. There will be three ways to get insurance:
- Medicaid: If a family of four is making $29,000 or less, they can get on Medicaid; however, this will not go into effect until 2014. If the employee gets on Medicaid or any other government-funded insurance, their employer will be required to pay an added tax of three to eight percent–based on the employer’s payroll.
- State Exchanges: Small groups will be able to get insurance through these exchanges. However, these exchanges will be more expensive than Medicaid.
- Private Group Insurance: Purchased through private insurance companies. They and also State Exchanges will also need to raise their rates.