Beginning in 2015, applicable large employers may be subject to the employer shared responsibility penalties under the Affordable Care Act if they do not offer full-time employees (and their dependents) health insurance coverage that meets certain criteria.
Today we are continuing our installment on issues covering health care reform legislation and related tax changes. Specifically, we are going to take a detailed look at the required employer notice on health care coverage options.
We talked about this in previous editions of this video blog. But many people have overlooked this topic. I have talked with both employers and employees over the last couple of weeks who failed to consider this change.