PPACA Compliance and PPACA Summary Video

Here's the problem: employer compliance with government-mandated healthcare regulations. Because these regulations are very complicated and very confusing, but compliance with these new regulations is mandatory, and any violation of the rules or failure to comply will subject the employer to substantial penalties. For example, if an employer with 50 or more employees does not offer minimum coverage as to benefits and coverage, and failure to properly distribute and explain it in accordance with the new requirements can result in fines of $1,000 per employee plus $100,000. You can now choose to either play by the new rules or pay by the new rules. And if you choose to play by the new rules, you must provide all of your employees with at least the minimum coverage now required by law. However, you can pass some or all of the cost of this coverage on to your employees as long as their share of the cost does not exceed 9.5% of their household income, and if it does, you will need to work with your state's insurance