The Affordable Care Act (ACA) was passed in 2010. The law contains numerous fines and fees that are associated with compliance. Therefore, failure to comply with this law could cost employers Thousands of Dollars in fines.
Different requirements apply to Applicable Large Employers (ALE) and Small Employers and it is necessary to work with a qualified benefit professional to navigate the changing laws and help establish and maintain compliance….. or expect to pay some fines.
Applicable Large Employer (ALE)