In 2014, the employer mandate of the Patient Protection and Affordable Care Act (PPACA) will take effect.This will have a significant impact on many franchise businesses. The employer mandate requires businesses with a combination
of 50 or more full-time equivalent employees to provide qualified
health care coverage or be subject to a penalty. This calculator will
help you determine if the employer mandate applies to your business, and if the
mandate does apply the
calculator will estimate the potential penalties your business could face.
To determine whether the
Employer Mandate of the PPACA and the potential resulting penalties apply to your
business please enter the following information:
Number of Full-time Employees:
(Under the PPACA a full-time employee is any employee who works 30 or more hours a week)
Average Number of Hours Worked per Week by Part-time Employees:
(This will be used to calculate the number of full-time-equivalent employees your
business has)
Note: This Employer Mandate Calculator is provided as an educational resource and
for informational purposes only. IFA is not offering tax, legal, or other professional
advice. You may not rely on this information for legal or any other purposes. You
should seek advice from professionals with regard to the Employer Mandate in determining
its applicability to your business and the actual amount of penalties to which you
may be subject. In no event will IFA be liable for any damages or consequences arising
from use of this Calculator.