1. Understanding ACA Penalties for Business (Part 2)

    Health Insurance Requirements and Penalties Under the Affordable Care Act For an applicable “Large Employer” to avoid penalty under the Affordable Care Act, it must offer health insurance coverage to its full-time employees. That insurance plan offered must meet three requirements: The insurance plan must provide minimum essential coverage for the eligible employees and their dependents; The i…Read More

  2. Understanding ACA Penalties For Businesses (Part 1)

    There is a new set of rules for employers under the Affordable Care Act (ACA), also called “ObamaCare” or “the Act”. Any business considered to be a “Large Employer” must offer its employees health insurance coverage that meets the requirements of the ACA. A business’s failure to offer that insurance could result in a series of penalties for the employer. But there is some good news …Read More