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"Pay or Play" Requirements Delayed Until 2016 for Employers with Fewer than 100 Full-Time Employees
Newly issued final rules provide guidance for large employers who are subject to the shared responsibility ("pay or play") requirements under Health Care Reform. These employers may be liable for a penalty if they do not offer affordable health insurance that provides a minimum level of coverage to full-time employees (and their dependents), and any full-time employee receives a premium tax credit for purchasing individual coverage on the Health Insurance Marketplace (Exchange). Learn more about the updated rules, including exceptions, transition provisions, employee count determination methods, an IRS Q&A and more.
