Companies scheme to get out of paying hefty ACA fines

Many companies are devising schemes to get out of paying hefty fines next year for not complying with the Affordable Care Act's mandate to offer health insurance, reports the Wall Street Journal. Since companies could face a fine of up to $2,000 per employee, many are enrolling employees in Medicaid to avoid dishing out the funds and to drive down costs. This option is particularly popular among companies with low-wage workers. "You're taking advantage of the law as written," said Adam Okun, a senior vice president at New York insurance broker Frenkel Benefits LLC. Article