Companies are subject to penalties if they are non-compliant under the Affordable Care Act’s rules for non-discrimination. Penalties are $100 per day, per incident, with a maximum of $500,000 per tax year.
Companies are subject to penalties if they are non-compliant under the Affordable Care Act’s rules for non-discrimination. Penalties are $100 per day, per incident, with a maximum of $500,000 per tax year.
Penalties are calculated for every employee that is not a highly-compensated employee, and the daily penalty amount is applied for each day from the date that the incident occurred.