Park City, UT (PRWEB) March 14, 2014
Today, Zane Benefits, the #1 Online Health Benefits Solution, published a guide to calculating employer shared responsibility fees in 2015.
According to Zane Benefits’ website, The Affordable Care Act (ACA) requires certain employers to either offer employees health insurance, or be subject to a penalty. This is called the "Employer Mandate" or "Employer Shared Responsibility" fees.
Zane Benefits’ website provides updated information on how to calculate the Employer Shared Responsibility fee in 2015.
Originally set to begin in 2014, the Employer Shared Responsibility fees now begin in 2015 and are being phased in more slowly. For 2015, if an employer with at least 100 full-time employees (including full-time equivalents) does not offer "minimum essential" and "affordable" coverage -- or offers coverage to fewer than 70% of its full-time employees (and their dependents) -- the employer will owe an Employer Shared Responsibility fee IF one of their employees purchases a health plan through the exchanges and receives a federal tax credit or subsidy.
About Zane Benefits
Zane Benefits, the #1 Online Health Benefits Solution, was founded in 2006 to revolutionize the way employers provide employee health benefits in America. We empower employees to take control over their own healthcare, while helping employers recruit and retain the best talent. Our online solutions allow small and medium-sized businesses to successfully transition to a health benefits program that creates happier employees, reduces costs and frees up more time to serve their customers. For more information about ZaneHealth, visit http://www.zanebenefits.com.