tazzygirl
Posts: 37833
Joined: 10/12/2007 Status: offline
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yes, you did. Requirement to offer coverage... (did you actually read it?) • Assess employers with more than 50 employees that do not offer coverage and have at least one fulltime employee who receives a premium tax credit a fee of $2,000 per full-time employee, excluding the first 30 employees from the assessment. Employers with more than 50 employees that offer coverage but have at least one full-time employee receiving a premium tax credit, will pay the lesser of $3,000 for each employee receiving a premium credit or $2,000 for each full-time employee. (Effective January 1, 2014) • Exempt employers with 50 or fewer employees from any of the above penalties. • Require employers that offer coverage to their employees to provide a free choice voucher to employees with incomes less than 400% FPL whose share of the premium exceeds 8% but is less than 9.8% of their income and who choose to enroll in a plan in the Exchange. The voucher amount is equal to what the employer would have paid to provide coverage to the employee under the employer’s plan and will be used to offset the premium costs for the plan in which the employee is enrolled. Employers providing free choice vouchers will not be subject to penalties for employees that receive premium credits in the Exchange. (Effective January 1, 2014) Other requirements • Require employers with more than 200 employees to automatically enroll employees into health insurance plans offered by the employer. Employees may opt out of coverage. (Page 1)
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Telling me to take Midol wont help your butthurt. RIP, my demon-child 5-16-11 Duchess of Dissent 1 Dont judge me because I sin differently than you. If you want it sugar coated, dont ask me what i think! It would violate TOS.
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