XpertHR Provides Guidance on "Pay or Play" Penalties
Author: Tracy Morley, XpertHR Legal Editor
The employer shared responsibility requirements go into effect on January 1, 2014. Often called the "pay or play" mandate, these provisions require an employer to offer affordable, minimum level health coverage to full-time employees and their dependents or pay a penalty.
To help employers Determine if a Penalty Is Owed Under the Affordable Care Act, XpertHR has added a flowchart to the Health Care Reform Resource Center.
Additional Resources
Health Care Reform Resource Center
IRS Issues Proposed Regulations on Employer Shared Responsibility Mandate
ACA Final Rule on Essential Health Benefits and Plan Value Released
HHS Proposes Rules on Key Health Care Reform Provisions