Federal Employer Compliance – ACA

This is the “Federal Employer Compliance – ACA” section of the Benefits Compliance FAQ: ACA, COBRA, ERISA, HIPAA & More.

Employers with 50 or more full-time equivalent employees must offer affordable health coverage that meets minimum value standards.

A full-time employee generally works 30 hours per week or 130 hours per month.

Coverage is affordable if the employee’s premium contribution for the lowest-cost self-only plan does not exceed a certain percentage of income (set annually by the IRS).

Minimum value means the plan pays at least 60% of the total allowed healthcare costs.

Applicable Large Employers must file:

  • Form 1094-C
  • Form 1095-C

These forms report health coverage offered to employees.

Disclaimer

This information is provided for general educational purposes and should not be considered legal, tax, or compliance advice. Employers should consult with qualified professionals regarding their specific compliance obligations.