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PPACA – Large Employer Penalties Overview - Webinar By ComplianceOnline
Why Should You Attend:
Provisions within the PPACA law impose financial penalties on large employers who do not offer employer-sponsored health coverage. Recognizing if you are considered a large employer under PPACA and subject to financial penalties maybe an important part of your future business strategy.
Attend this webinar to understand how to determine if you are considered a large employer under PPACA and what penalties may be assessed if you do or do not offer employer-sponsored health coverage.
Learning Objectives:
At the end of this session you will be able to:
- Determine if you are a small or large employer under PPACA.
- Determine the penalties for not offering employer-sponsored health coverage.
- Describe the penalties for offering employer-sponsored health coverage.
- Describe when penalties are not imposed.
Areas Covered in the Seminar:
- PPACA Definition of Small and Large Employers.
- Full time employee definition
- Full time equivalent employees
- Example Company A
- Potential Tax Penalties – Large Employers.
- Large employer NOT offering coverage
- $2,000 per employee per year minus first 30 employees
- Example Company B
- Large employer offering coverage.
- Lesser of $3,000 per employee receiving coverage via the Exchange
- Or penalty for not offering coverage (whichever is less)
- Example Company C
- No Penalty Illustration
- Questions and Answers
Who Will Benefit:
- Business owners
- CEOs
- CFOs
- COOs
- HR Managers
- Benefit Administrators
- Health Insurance Agents and Brokers responsible for employer-sponsored benefits
Instructor Profile:
Tony Gutierrez, is Vice President of Integrated Benefit Solutions, Inc./White Bear Group Consulting. He has expertise is group life, health and voluntary benefits. Tony is currently a member of and webmaster for the Triangle Association of Health Underwriters. He is also technology chair for the North Carolina Association of Health Underwriters. Tony has served as media relations chair for the Triangle chapter, NC state chapter, and National Association of Health Underwriters. He has been to Washington on several occasions representing health insurance agents and brokers to discuss Health Reform legislation. He is an experienced course designer, developer, and instructor. Tony has a bachelor degree in Electrical Engineering from NC State.
NOTE: Use This Promocode ( 117660 ) To Get 10% Discount.
About the Author
Get trained on regulations affecting your industry through online webinars, learn the best practices, and download quality standards, checklists and news articles. Listen to experts on best practices to streamline quality and compliance processes and meet the regulatory demands.
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