Some of the provisions of the Affordable Care Act, or health care law, apply only to applicable large employers, generally those with 50 or more full-time employees, including full-time equivalent employees. For example, applicable large employers have annual reporting responsibilities concerning whether and what health insurance they offered to their full-time employees (and their dependents).
Applicable large employers can find resources and the latest news at the Applicable Large Employer Information Center.
Coverage
- If you have 100 or fewer employees, you may be able to purchase affordable insurance through the Small Business Health Options Program (SHOP) Marketplace.
- Learn more at HealthCare.gov.
Reporting
- You must withhold and report an additional 0.9 percent on employee wages or compensation that exceeds $200,000. Learn more.
- You may be required to report the value of the health insurance coverage you provided to each employee on his or her Form W-2.
- You must file an annual return reporting whether and what health insurance you offered your employees.
- If you provide self-insured health coverage to your employees, you must file an annual return reporting certain information for each employee you cover.
Payment and provisions
- You must either offer affordable minimum essential coverage that provides minimum value to your full-time employees (and offer coverage to the full-time employees’ dependents), or potentially owe an employer shared responsibility payment. Learn more about the employer shared responsibility provision.
- If you self-insure, you may be required to pay a fee to help fund the Patient- Centered Outcomes Research Trust Fund.