LAS VEGAS — Gov. Brian Sandoval’s eagerness to implement a health exchange in Nevada may well subject state employers to heavy federal penalties that employers in other states won’t face.
That’s one implication of a gaping loophole in the federal Patient Protection and Affordable Care Act — commonly referred to as Obamacare — now getting increasing attention in Congress and the U.S. business community.
So what is the large hole in the legislation? Individuals are eligible for a tax credit only if they buy their insurance through a state exchange, not a federal one.