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]