The Employer Shared Responsibility Payment applies to some businesses with more than 50 full-time employees who don’t offer insurance, or whose coverage doesn’t meet certain minimum standards.

Regulations updated the following:

• which employers must make the payment
• which years some employers must make the payment
• other conditions about the payment

The Internal Revenue Service offers detailed questions and answers about the Employer Shared Responsibility Payment.

The Treasury Department has a fact sheet summarizing recent updates on the Employer Shared Responsibility Payment.

No employer with fewer than 50 full-time employees is subject to the Employer Shared Responsibility Payment in any year.

Source: HealthCare.gov, “The Employer Shared Responsibility Payment.” http://www.healthcare.gov website. Accessed December 2, 2015. https://www.healthcare.gov/what-is-the-employer-shared-responsibility-payment/

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