The ACA employer mandate / employer penalty, originally set to begin in 2014, is delayed until 2015 / 2016. The ACA "employer mandate" is a requirement that all businesses with over 50 full-time equivalent (FTE) employees provide affordable health insurance for their full time employees, or pay a per month "Employer Shared Responsibility Payment" on their federal tax return. Affordable health insurance is defined as the employee’s share of the premium should be no more than 9.5% of their W2 wages; and, the health insurance coverage must pay at least 60% or more of the cost of the plan’s benefits. (This means if the total cost of care is equal to $1000, the plan must pay a minimum of $600 towards the cost of care.)
Small businesses with 50-99 full-time equivalent employees (FTE) will need to start insuring workers by 2016. Those with a 100 or more will need to start providing health benefits to at least 70% of their FTEs by 2015 and 95% by 2016. Health care tax credits have been retroactively available to small businesses with 25 or less full-time equivalent employees since 2010.
The purpose of this survey is to determine the status of community programs providing supports to people with disabilities in their ability to meet this requirement.
Please complete this survey to enable ANCOR to present updated data to Congress regarding the lack of financial means among community programs to fulfill this obligation.
Please complete regardless of whether or not you have 50 or more employees.