Health Insurance: Play or Pay?
The Affordable Care Act (ACA) does not require
employers to provide healthcare insurance for their employees. Instead it
requires employers to share healthcare responsibility by either providing
coverage or paying penalties. This type of scheme is referred to as "play
or pay." Under this particular part of the ACA, 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.
Summary for [Your State]