Penalties go into effect in 2015 for large group employers who either do not offer coverage to substantially all full-time employees, or offer coverage that is unaffordable. The fines listed below will increase each year.
|General Penalty Criteria1:|
|Employer Does Not Offer Coverage:||Employer Offers Unaffordable Coverage:|
| || |
|Penalty for No Coverage:||Penalty for Unaffordable Coverage:|
|$2,000 (per full-time employee)||$3,000 (per full-time employee obtaining subsidies)|
1) If standards are not met, the employee may be eligible for subsidies and the employer may pay a $3,000 penalty per employee receiving marketplace subsidies
2) In 2016, $47,520 for an individual and $97,200 for a family of four (source: https://aspe.hhs.gov/poverty-guidelines)