Large group employers

(50+ employees)

 

Three options for health insurance in 2014

*Minimum coverage is any medical insurance coverage that does not limit coverage to specific benefits such as dental or vision only. This includes major medical (or catastropic) plans. Minimum coverage does not have an actuarial value minimum (such as 60%) and does not need to be considered "affordable."

Penalties for large group employers

Health care reform does NOT require employers to:
  • Contribute to the premium. (Although if they do not, their plan may not be affordable, putting the employer at risk for penalties.)