Do you know if you’re a large employer as defined by the ACA? David Peasall, SPHR, Human Resources Director, discusses the alternatives to paying the tax penalty if you are a large employer.
In 2016, this means you are an employer that has 50 full-time and full-time equivalent employees in the preceding calendar year.
The tax penalty for not offering health coverage is steep for an employer. Not only that, but employees will have no benefit to offset their individual tax penalty. In this video, we cover:
- Your options as a business owner
- How to avoid the ACA’s tax penalty
- Ways the two-part MECAMV plan can benefit you
- How offering health coverage will help retain talent
The time to act is now. Consider what a PEO can do for your business model with a MECAMV or major medical plan.