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Employer Mandate Q101. How does the play or pay mandate penalty work if we don’t offer coverage?

April 26, 2017coverage don’t employer mandate Offer pay penalty play q101

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Employer Mandate Q101. How does the play or pay mandate penalty work if we don’t offer coverage?

1 Answer

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10 Posted

A101. Starting in 2014, large employers (those with at least 50 FTEs) would be assessed a pay or play penalty of $2,000 per full-time employee in excess of 30 if at least one full-time employee obtains subsidized Exchange coverage.