Employer options under the Affordable Care Act

The Affordable Care Act (ACA) has prompted a national conversation about Americans' health system among health care providers, employers, employees, and others. For employers, the ACA provisions -- including the employer mandate -- demand understanding of the complex rules, consideration of the...

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Bibliographic Details
Published in:Employee Benefit Plan Review 2014-07, Vol.69 (1), p.7
Main Authors: Draper, Steven, Siegel, Jonathan M
Format: Article
Language:English
Subjects:
Cost control
Employee benefits
Employees
Employers
Excise taxes
Family income
Health care policy
Health insurance
Insurance coverage
Laws, regulations and rules
Medicaid
Patient Protection & Affordable Care Act 2010-US
Poverty
Provisions
Subsidies
Tax credits
Wages & salaries
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Summary:The Affordable Care Act (ACA) has prompted a national conversation about Americans' health system among health care providers, employers, employees, and others. For employers, the ACA provisions -- including the employer mandate -- demand understanding of the complex rules, consideration of the best approach to employee benefits offerings, and a response to implementation of the law. Company size, employee compensation, premium tax credits available to certain employees, the employer mandate excise tax, and more must be taken into account in formulating the right approach to implementing the ACA for your company. Like individual health, each employer's solution will be unique. The ACA provisions may alter employers' considerations for the right balance of offering subsidized health care coverage to their employees. Employers must balance the cost of offering employees subsidized coverage that is affordable and satisfies minimum value versus the cost of "paying" the excise tax if affordable coverage is not offered.
ISSN:0013-6808