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Under healthcare reform, must employers provide employee health insurance?

Joane Goodroe
Nursing

The Affordable Care Act does the following related to employee health insurance:

  • Provides tax credits to individuals, families, and small businesses that need help paying for coverage and creates private health insurance exchanges where individuals and small employers can buy coverage.
  • Guarantees a level playing field by requiring employers that have 50 or more full time workers and do not provide affordable health coverage to pay an assessment based on the number of full time workers they employ, instead of free-riding off tax credits in the exchanges or by not offering coverage.
  • Creates an option for employees who spend between 8% and 9.8% of their income on premiums to use your contribution to their coverage as a voucher in the new exchanges, at no additional cost.

The implementation of this part of the law has not occurred at this time.

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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.