Penalty A “no offer” penalty.
In 2015 the “no offer” penalty will apply if an employer does not offer coverage to at least 70% of full-time employees and their dependents. The percentage that must be offered coverage to avoid the “no offer” penalty will revert to 95% of employees and dependents in 2016.
Employer did not offer coverage to substantially all FT employees and dependents (children)
$2,000 x (all FT employees – 30)
For 2015, ALEs (Applicable Large Employer) with 100+ FT/FTE employees can reduce their FT employee count by 80 when calculating the penalty
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