BELVIDERE, IL — Business is getting more complicated for business owner Dan Morgan thanks to a controversial provision of healthcare reform, according to the Rockford Register Star.
Morgan is the owner of Morgan Building Maintenance, a 43-year-old contract cleaning company that doesn’t currently offer health benefits, but its total number of employees puts the company on the edge of a new federal reform threshold that could force employers to offer benefits come 2014, the article stated.
According to the article, the math federal officials are using to calculate what constitutes a full-time equivalent employee is what frustrates Morgan the most, as he believes the government is undercutting the total.
Should the company be forced to start providing benefits for its workers, Morgan would then be forced to raise prices for services and would be in jeopardy of losing contracts, the article noted.
"Our business plan is somewhat in jeopardy. This could be the biggest threat facing us in our company history," said Morgan.
Click here to read the article in its entirety.