Under ACA employers with 50 or more full-time/full-time equivalent employees are required to offer affordable insurance to their employees. The penalty could be $3,000 per employee. This requirement was scheduled to go into effect on Jan. 1 2014.
This has been postponed until Jan 1, 2015 mainly to allow employers more time to comply with the reporting requirements involved. To quote Mark Mazur (Assistant Secretary for Tax Policy)“Over the past several months, the Administration has been engaging in a dialogue with businesses – many of which already provide health coverage for their workers – about the new employer and insurer reporting requirements under the Affordable Care Act (ACA). We have heard concerns about the complexity of the requirements and the need for more time to implement them effectively.”