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Andrea Powers Comments in Entrepreneur on the Potentially High Costs of Not Complying with the Affordable Care Act

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A U.S. Supreme Court case has brought to light the potentially high costs of not complying with the Affordable Care Act. The case was originally filed by Hobby Lobby, an Oklahoma City company that contends it would be violating its owners' religious beliefs if it obeys the law's provisions requiring companies to cover birth control. But what Hobby Lobby is most concerned about is a separate fine that went into effect as of the 2012 plan year, which stipulates that health plans must cover contraceptives. That was among a string of health regulations passed prior to the Affordable Care Act that now carry fines for non-compliance. In this Entrepreneur article, Andrea Powers discusses the consequences Hobby Lobby may face. "We've had these mandates for a long time, and failing to comply generally results in a fine of $100 a day for each person who is eligible for that plan," says Ms. Powers.

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