United Benefit Advisors Insight and Analysis Blog

Potential Employer Penalties under the Patient Protection and Affordable Care Act

Posted by: Danielle Capilla    May 7, 2015 12:00:00 PM

Employers that do not meet the requirements of the Patient Protection and Affordable Care Act (PPACA) need to be concerned about several potential penalties. Two significant penalties include the excise tax, which can be as much as $100 per affected individual per day, and the penalties that larger employers must pay if they do not meet their employer-shared responsibility/play or pay obligations.

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Topics: PPACA Affordable Care Act, Play or Pay, excise tax, employer shared responsibility, IRS Form 8928