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→How the ACA really affects small businesses
Calculation for finding the number of full-time equivalent employees: # of FTE's = '''Total Number of Full-time Employees''' + '''[Combined Number of Part-time Employees Hours ''')/''' 30]'''
A full-time employee is any employee who worked on average more than 30 hours a week for more than 120 days or more in a year [https://www.healthcare.gov/shop-calculators-fte/#].
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 applies to relatively larger small businesses - firms with larger greater than 50 FTE (full time equivalent employees) - but many of these larger businesses also already offer health insurance coverage for their employeesalready.
