I'll take a stab and say yes.
Hot Air Blog Archive Video: Will ObamaCare drive businesses out of providing health insurance?: "• Businesses with fewer than 25 employees that pay an average of no more than $40,000 will get a tax credit – up to 35 percent of the company’s share of their total health care premium.
• Companies with 26-49 workers are unaffected.
• Businesses with 50 or more workers must offer coverage or pay $750 per worker. That penalty applies for every employee if even one signs up for government-subsidized insurance.
But there are potential problems. Case in point: It would be much cheaper for Dick Bus to drop the generous coverage he now offers and take the hit at $750 a head for his 120 workers. The penalty would be $90,000 a year. He’s currently spending $480,000.
Bus would save $390,000, but canceling his plan would force his workers to the health plan exchange and could cost more than they’re paying now. The Senate is considering an increase in the $750 penalty to prevent that scenario."