Fact Based List:
Trump's IRS sends hundreds of ACA fine notices to employers: 5 things to know
Submitted by Anonymous on Mon, 02/26/2018 - 12:24
- The employer mandate requires applicable large employers to offer "affordable" and "minimum value" essential coverage to their full-time employees as well as their dependent or potentially owe a fine.
- When ALEs have one or more employees covered through the ACA marketplace who receive a tax credit, the companies will likely be fined, according to the report.
- The recently mailed prospective fines, which the companies can dispute with the IRS, can range into the millions.
- The issue could spur a potential lawsuit.
- Various sources told Politico a potential lawsuit would likely focus on employer mandate enforcement.
Source: Becker’s Hospital Review, February 21, 2018
Source URL: https://www.beckershospitalreview.com/finance/trump-s-irs-se...
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