Health in a Handbasket What Employers Need to Know Now

offer its full-time employees and their dependents the opportunity to enroll in minimum essential coverage under an employer-sponsored plan for any month is subject to a penalty if

$2,000 annual penalty: If an employer fails to offer minimum essential health coverage to 95 percent of its full-time employees and their dependents, and any employee

A penalty of $2,000 multiplied by the number of full-time employees in excess of 30 employees will be assessed on an applicable large employer who does not provide minimum

Large employers that do not offer minimum essential coverage to at least 95% of their full- time employees and dependents, or who do offer coverage but the coverage is unaffordable

penalty: If an employer doesn’t offer any type of health care coverage to substantially all of its full-time employees and their dependents, the employer is penalized a fee of

*Penalty imposed if large employer does not offer at least 95% (70% in 2015) of full-time employees (and their children) an opportunity to enroll in minimum essential coverage and

(a) If a large employer does not offer “minimum essential coverage” to at least 95%* of its full-time employees (and dependent children under age 26) and if one full-time

No Coverage Penalty: An employer does not offer minimum essential insurance to at least 95% of its full- time employees (in 2015 this includes dependents) and at least one