ACA Talking Points for Small Businesses
On January 1, 2014, the new health care law went into effect requiring most Americans to have health insurance.
If you are a business owner with fewer than 50 full-time employees, you are not required to offer health insurance.
However, employees must have health insurance or they could be hit with a tax penalty.
Business owners have options if they want to help employees afford insurance.
An ALE (Applicable Large Employer) is an employer with 50 or more full-time employees. The employer mandate is phased in.
Businesses with 50-99 full-time employees are liable for Employer Shared Responsibility Provision (ESR) and must offer insurance beginning on 1/1/16 or face a penalty when filing 2016 taxes.
Employers with at least 100 full-time employees liable for ESR beginning in Tax Year 2015.