Attorneys & Professionals
Jolie Havens, a partner in the Vorys Columbus office, authored an article about Affordable Care Act (ACA) compliance for the May 2013 edition of Columbus C.E.O. In the article, Havens says that:
“Understanding ‘size’ is critical to the ACA’s employer cost-sharing mandate commencing in 2014. This mandate requires employers with 50 or more full-time equivalent (FTE) employees to provide affordable, adequate medical coverage to substantially all full-time employees (using the new 30-hour standard) and certain of their dependents. Large employers that fail to comply face one of two non-deductible tax penalties, which range from merely painful to downright catastrophic.”
To read the article, visit the Columbus C.E.O. website.