The Employer Shared Responsibility Provisions, commonly referred to as the “Employer Mandate,” provides that applicable large employers with 50 or more full-time (including full-time equivalent) employees1
are subject to a potentially large tax penalty if they fail to offer qualified coverage to a certain percentage2
of their full-time employees and any full-time employee receives a premium tax credit or cost-sharing reduction to purchase coverage through a health insurance “exchange.”
1The ACA defines a full-time employee broadly to include any employee who, with respect to any month, is employed on average at least 30 (not 40) hours of service per week.
270% in 2015 and 95% for each following year.