Is My Business Required to be ACA Compliant?

The Affordable Care Act has brought massive and tangible benefits for lower-income workers and the businesses that employ them. It has provided better access to care, positive health outcomes, financial security, and less uncompensated care for lower-income workers across the United States. Additionally, it has helped improve healthcare costs for small businesses, making them much more reasonable.

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Due to these benefits, there are several reasons as to why businesses owners would want to be eligible for the program. Becoming eligible can reduce healthcare costs for a business, expand its medicaid eligibility, and allow them to offer better insurance to those who work for them. To become eligible, there are a few requirements a business must fulfill. We put together a list for you so you can make sure your employees are getting the healthcare they need.

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What does my company size need to be to qualify?

Any company with 50 or more full time employees (30+ hours of work a week on average) is applicable to receive ACA benefits. You are still able to have multiple EIN’s as long as they still fall under the same parent company.

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