Changes
Jump to navigation
Jump to search
→How the ACA really affects small businesses
Another criterion for determining mandate-exemption or tax-credit status in the ACA is the average annual wage of employees:
'''Average Annual Wage = Total Wages Paid by an Employer'''/'''Number of FTEs''', rounding down to the nearest $1,000 [http://obamacarefacts.com/obamacare-small-business/].
The employer mandate of the ACA is passed onto larger companies - firms with larger than 50 FTE (full time equivalent employees) - but many of these larger corporations also already offer health insurance coverage for their employees. However, companies between 50 and 100 FTE, which are still required by the ACA to offer health insurance coverage to their employees, have been affected in a more complicated way.
