what kind of insurance does geico offer?
Fire, Marine, and Casualty Insurance
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 Businesses that employ 50 or more people but do not offer health insurance to their full @-@ time employees will pay a tax penalty if the government has subsidized a full @-@ time employee 's healthcare through tax deductions or other means . This is commonly known as the employer mandate . In July 2013 , the Internal Revenue Service delayed enforcement of this provision for one year . 

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 As of 2014 large company policies were still the norm , since tax laws until 2018 make benefits cheaper than cash , but many employees have been losing their " paternalistic " corporate policies and must find their own insurance . With the insurance system introduced under the ACA , employers who stopped their company sponsored insurance plan eliminated one of their largest compensation benefits , and shifted more costs on to employees . These include insurance premiums rising to 28 % in 2013 , compared with 26 % in 2003 , according to the Kaiser Family Foundation , and more workers paying deductibles of $ 1 @,@ 000 reaching 38 % in 2013 , more than twice what it was in 2008 . According to one study , as of 2014 , only 25 % of firms saw themselves offering any insurance in 10 years . 

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 All new insurance plans must cover preventive care and medical screenings rated Level A or B by the U.S. Preventive Services Task Force . Insurers are prohibited from charging co @-@ payments , co @-@ insurance , or deductibles for these services . 

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 The company generated US $ 45 million in annual revenue in 2010 , after beginning sales midway through that year ; the company operated at a loss through most of 2010 . 

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 Between 1979 and 1989 , it was estimated that there were over 2 @,@ 000 leveraged buyouts valued in excess of $ 250 million Notable buyouts of this period ( not described elsewhere in this article ) include : Malone & Hyde ( 1984 ) , Wometco Enterprises ( 1984 ) , Beatrice Companies ( 1985 ) , Sterling Jewelers ( 1985 ) , Revco Drug Stores ( 1986 ) , Safeway ( 1986 ) , Southland Corporation ( 1987 ) , Jim Walter Corp ( later Walter Industries , Inc . , 1987 ) , BlackRock ( 1988 ) , Federated Department Stores ( 1988 ) , Marvel Entertainment ( 1988 ) , Uniroyal Goodrich Tire Company ( 1988 ) and Hospital Corporation of America ( 1989 ) . 
