the final regulations, companies with 50 to 99 employees that do not yet
provide quality, affordable health insurance to their full-time workers will
report about their workers and coverage in 2015, but have until 2016 before any
employer responsibility payments could apply.
addition, the final rules phase in the percentage of full-time workers to whom
employers with 100 or more employees need to offer coverage—from 70% in 2015 to
95% in 2016 and beyond (see “Treasury Modified Rules for ACA Employer Mandate”). Employers in this category
that do not meet these standards will make an employer responsibility payment
“This is to ease
employers into the shared responsibility rule and protect them from the ‘no-coverage’
penalty,” Andy Anderson, partner at Morgan Lewis & Bockius LLP in Chicago,
tells PLANSPONSOR. The 70% rule will provide employers some cost relief and
give them more time for planning.