The purpose of this summary is to provide a brief overview of the employer mandate provisions, and to inform your business about how you may be impacted by changes to the provisions made in 2016.Starting in 2016, the employer mandate will be enforced for businesses with 50 or more FTE employees.Check out the following resources for more information: 2016 Employer Shared Responsibility Provision Estimator - Including FTE Calculator IRS ACA Estimator Tools for Individuals and Employers View the IRS video Employer Shared Responsibility Payments to find out if you are subject to the employer shared responsibility provision of the health care law.View the IRS video Are You an Applicable Large Employer to see what you need to know if you are an applicable large employer under the health care law.An employer may appeal an employer notice if it asserts that it offers affordable minimum essential coverage to employees or that its employee is enrolled in employer coverage and therefore ineligible for premium tax credits. Due to changes in state law, starting in 2016, the definition of “small employer” is expanded to include businesses with 50 to 100 FTE employees.
Recently, the IRS released multiple tools to assist employers in determining FTE employee counts, how to determine if you are an Applicable Large Employer, and what your shared responsibility would be for not offering ACA-compliant health benefits.
To learn more about offering ACA-compliant health benefits through Covered California for Small Business, visit Covered CA.com/For Small Business or call us at (844) 332-8384.
Starting in 2016, employers with 50 or more employees have new reporting requirements as part of the employer mandate.
Through Covered California for Small Business, small employers can shop for coverage for their employees among multiple carriers across multiple levels of coverage.
Covered California also relieves employers of administrative burden by handling much of the payment distribution to health plans across carriers and coverage levels.