Employer Mandate Penalty for over 50 Employees

The employer mandate will require that all American businesses with 50 or more full-time employees (defined as working 30 or more hours per week) provide health insurance or else pay a penalty. Businesses that do not comply will receive a steep fine of $2,000 for each full-time employee beginning with the 51st person. After being delayed twice since 2012, the mandate is expected to go into effect in 2016.

Source: Town Hall