Your employee reimbursement plan may violate the ACA

Description

Abstract: In 2015, many midsize or larger employers, including nonprofits, must offer an affordable, minimum level of health insurance coverage to full-time employees — or risk financial penalties. Smaller employers are required to inform employees about their health insurance options. But other elements of the ACA are less straightforward and have proven confusing for some organizations. As this article explains, employers that don’t provide insurance but offer to reimburse employees for coverage obtained elsewhere may not be in compliance.