This time of year, many companies are arranging the renewal of their health plans. As your company prepares to do the same, please keep one thing in mind: the Affordable Care Act (“ACA”).
Below are a few of the topics discussed in our ACA seminar with Bernstein Shur Attorney, Steve Gerlach.
- Beginning in 2015, employers with 100 or more full time employees (part-time employees are counted proportionally) are subject to ACA penalties if they fail to offer to their full time employees health coverage that meets ACA standards. These penalties run $2,080-3,120 per year per employee.
