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Easy Tips for Employers to Handle Recent ACA Penalties

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Many large employers have been up in arms about receiving Obamacare penalty notices over the past few months indicating they failed to offer qualifying health coverage in 2015. The penalties are amounting to thousands, if not millions, of dollars that may be due to reporting errors.

ESRP Explained

The Employer Shared Responsibility Payment (ESRP) is part of the Affordable Care Act (ACA) and is sometimes referred to as the “employer mandate.” It applies to employers with an average of 50 or more full-time or full-time equivalent (FTE) employees, and requires the employer to offer employee health insurance that meets ACA standards

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