The Affordable Care Acts employer shared responsibility, or pay-or-play rules require applicable large employers (generally employers with 50 or more full-time and full-time equivalent employees) to offer group health plan coverage (i.e., play) or face the prospect of having to pay money to the government (i.e., pay). These provisions are included in a new section of the Internal Revenue Code, Code § 4980H, as implemented by final regulations issued earlier this year, and the IRS has provided a useful summary of the rules in a set of Questions and Answers.
Also See: Employers create game plan for expected health care cost increases
