• WHATare the facts?
  • HOWdoes this affect me?
  • WHENis this happening?
  • WHEREdo I get more info?

What are the penalties?

Beginning in 2015, large employers with 100 or more employees that don’t offer coverage to 70 percent of employees face a penalty of $2,000 per full-time employee (excluding the first 80) if at least one employee receives a government subsidy, or tax credit, to buy coverage on the Health Insurance Marketplace. In 2016 and beyond, this penalty applies to large employers with 50 or more employees who don't offer coverage to 95 percent of their employees.

If you offer coverage to employees but their share of the premium is considered unaffordable, you may also pay a penalty.