Q. Please clarify the number of employees it takes to place a company under the obligation of Obamacare. Our insurance carrier said it had been increased from 50 employees to 100. — Vincent, Louisiana
A. The Affordable Care Act’s “employer mandate” to provide health insurance to employees took effect this year for employers with more than 100 full-time equivalent employees. It requires them to provide health insurance to at least 70% of full-time workers (95% of full-time workers in 2016). Employers with between 50 and 100 full-time equivalent workers will be required to provide health insurance to their full-time workforce in 2016.
To measure how many full-time equivalent (FTE) workers you have, add the total number of workers you employ together and average their work hours. Example: Say you have 30 full-timers and 40 half-timers. The 40 half-timers are equal to 20 FTEs, so you would have 50 FTEs for purposes of the law.