Beginning January 1, 2014, employers with more than 50 employees will have to provide health insurance to Full Time employees (30 hours or more).  This coverage will have to have a yet-to-be-identified “minimum value” and the employee-only coverage must be considered “affordable.”

The determination of affordable is that the employee would not be asked to pay more than 9.5% of his/her W2 wages.  That means that an employee earning $30,000 a year could not pay more than $54.80 a week for coverage.  Almost every employer I have as a client charges more than that;  on a plan where the employer pays 50% of the single coverage, the maximum premium would be $474.  Thats gonna be tough to do.

If your plan fails to meet these requirements, and an employee elects to join the Federal Exchange Programs, you will have to pay a penalty to the government.