5 Must-Know Facts About 'Pay or Play'

Recently issued final rules provide important guidance on the 'pay or play' provisions under Health Care Reform. These provisions require large employers--generally those with at least 50 full-time employees, including full-time equivalents--to offer affordable health insurance that provides a minimum level of coverage to full-time employees (and their dependents), or pay a penalty tax if any full-time employee receives a premium tax credit for purchasing individual overage on a Health Insurance Marketplace.