Applicable Large Employers (employers who, in general, have 50 or more full-time or full-time-equivalent (FTE) employees) may be penalized if they do not offer minimum essential coverage to their employees.
The enforcement of the ESR provisions took effect on January 1, 2015. Employers should track employee hours now to prepare. Ignoring the Employer Mandate could ultimately result in severe penalties. For clients who procure their major medical through WorXsiteHR, we will produce and file the required ACA Form 1094C and Forms 1095C. Use the calculator below to determine your potential ESR penalties.