Affordable Care Act large group (949) 675-1920 Orange
County health insurance
Affordable Care Act large group
By Hubie Laugharn
Large Group
PPACA (ObamaCare)
Below is a bullet point list of the most important aspects of the Affordable Care Act for large...
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Affordable Care Act large group (949) 675-1920 Orange
County health insurance
Affordable Care Act large group
By Hubie Laugharn
Large Group
PPACA (ObamaCare)
Below is a bullet point list of the most important aspects of the Affordable Care Act for large
employer groups over 50 employees.
This is what we know as of 2-18-13
Starting Jan.
1, 2014 or a company’s open enrollment for 2014.
The Employer Shared Responsibility provisions apply to an employer with 51 or more
employees.
Employer will be required to offer healthcare insurance to all full-time
employees or pay a tax/fine (Pay or Play).
Play: an employer must offer a minimum of the Bronze plan and contribute toward the
premium of the employee so the employee does not pay more than 9.
5% of their wage.
If the employer complies with both the “minimum value” and the “minimum employer’s
contribution” 9.
5%, the employer cannot be taxed/fined, if an employee goes to the
exchange for financial help!
Play: Plans must cover minimum be
Less