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Zane Benefits Publishes New Information on the Employer Mandate
Date:5/23/2013

Park City, Utah (PRWEB) May 23, 2013

Today, Zane Benefits, Inc. published a new information on the employer mandate. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution plans and health reimbursement arrangements.

With health care reform, a common question from employees is “does my employer have to provide health insurance?” According to Zane Benefits’ website, not necessarily. The health care reform law, called the Affordable Care Act (ACA), requires certain employers to purchase health insurance or else pay a tax penalty.

Employer Mandate to Offer Coverage

According to Zane Benefits’ website, starting January 1, 2014 employers with 50 or more full time equivalent (FTE) employees are required to provide health coverage to full-time employees or else pay a tax penalty. This is commonly referred to as the employer mandate.

Employers with less than 50 FTE employees are not subject to these tax penalties for not offering health insurance coverage, although if the employer does provide health insurance they might be eligible for tax credits.

According to Zane Benefits’ website even with the tax penalty, many employers with more than
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