Tag Archives: Affordable Care Act Large Employer

Affordable Care Act Large Employer

Under the Affordable Care Act, an applicable large employer is an employer that employed an average of at least 50 full-time employees during the preceding calendar year.  Any company that employs under 50 employees are classified as Small Employer and are exempted from the Affordable Care Act / Obamacare.

Large Employers on the other hand must provide affordable health care insurance for its’ employees or else have to pay a maximum penalty to $2,000 per employee.  Affordable Coverage is defined as health insurance being under 9.5% of the employee’s household income.