Hide Topic Navigator
Health Insurance: Play or Pay?
National Summary
The Affordable Care Act (ACA) does not require employers to provide healthcare insurance for their employees. However, it requires employers to share healthcare responsibility by either providing coverage or paying penalties. Under ACA’s employer mandate (also known as the “play-or-pay” provision), applicable large employers must decide if they want to “play” by providing affordable, adequate coverage to substantially all of their full-time employees—or pay fines assessed under IRC Section 4980H.
The play-or-pay provision was originally supposed to become effective January 1, 2014, but the Obama administration subsequently delayed implementation until 2015. Applicable large employers with 100 or more employees must contend with penalties under the play-or-pay provision as of 2015. However, applicable large employers with 50 to 99 employees that meet certain requirements and provide appropriate certification do not face any penalties under the provision until 2016.
Summary for [Your State]

Related Topics
93121analysis.aspxHealth Insurance: Play or Pay?Analysis Health Insurance: Play or Pay?  National
Copyright � 2015 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on http://HR.BLR.com
Document URL: http://hr.blr.com/HR-topics/Benefits-Leave/Health-Insurance-Play-or-Pay