The employer mandate provision of the Patient Protection and Affordable Care Act will begin in 2014. The mandate states that a business with 50 or more full-time employees or full-time equivalents may face penalties if the health insurance coverage that is offered to its employees does not meet minimum standards outlined in the Act.
Below is a flow chart that will help to clarify what requirements an employer must follow in offering affordable health insurance coverage to their employees in order to prevent from a penalty.
Source: Kaiser Health Reform
What do you think? What is your opinion on the healthcare reform? Share with us below!
National Online Insurance School
Latest posts by National Online Insurance School (see all)
- Affordable Care Act – Benefits a Health Insurer Must Cover - September 24, 2015
- Determining Penalties for Employers Not Offering Affordable Health Insurance Coverage in 2014 - March 1, 2013
- Quick Tips for Insurance Exam Day - February 8, 2013