Medicaid tax

Businesses with more than 50 employees enrolled in Medicaid would pay a fee, or tax, under a proposal by New Jersey Governor Phil Murphy. Murphy’s “corporate responsibility fee” would levy a tax of $325 per employee on companies with between 50 and 500 employees on Medicaid.  The companies would pay the same fee for the members of their employees’ families who are enrolled in Medicaid as well.  Companies with more than 500 workers on Medicaid would pay a higher fee and the tax would rise to $725 per employee for businesses with more than 1000 employees on Medicaid. The proposal [...]