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Welcome to the Snell & Wilmer Benefits Blog. We will be posting about current employee benefits and executive compensation topics and issues. We invite you to contact the authors with your thoughts or questions.Blog Contributors
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When Anything Less than 95% is a Failing Grade: An Update on the Employer Shared Responsibility Penalties
As a reminder, effective January 1, 2016, employers must offer minimum essential coverage to 95% or more (up from 70% or more for 2015) of their full-time employees and their dependents each month or pay a very steep penalty. Missing … Continue reading
Posted in Employee Benefits, Health & Welfare Plans, Health Care Reform
| Tagged 95%, ACA, Cadillac tax, health care reform, HRA contributions, penalties, penalty, shared responsibility
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