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How does the play or pay mandate work if we offer coverage but employees prefer coverage through the Exchange?

April 26, 2017coverage employees exchange mandate Offer pay play prefer

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How does the play or pay mandate work if we offer coverage but employees prefer coverage through the Exchange?

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A102. Starting in 2014, large employers would be assessed a play or pay penalty of $3,000 for each full-time employee receiving subsidized Exchange coverage with an aggregate limit of $2,000 times the total number of full-time employees.