As an applicable large employer, or ALE, you know that you are required to provide health insurance coverage to your full-time employees, but do you understand the specifics of this requirement?

Under IRS Section 4980H(a) and 4980H(b), all employers that do not provide health insurance coverage that meets minimum essential coverage standards will be charged an Employer Shared Responsibility Payment, which is a penalty.

Determining the penalty amount that you may be charged is difficult, that’s why our team of experts at ACAwise created a solution, our own ACA Penalty Calculator.