Technically, no. However, starting in 2015, employers with 50 or more full-time equivalent (FTE) employees will pay a penalty if the employer does not offer affordable, minimum value coverage to substantially all full-time employees and their dependents and a full-time employee purchases coverage through an exchange and receives a premium subsidy.
On Feb. 10, 2014, the federal government announced a delay to the employer shared-responsibility penalty, giving employers time to transition into the new rules. Given this delay, starting in 2015 businesses with 100 or more full-time equivalent employees need to provide affordable, minimum value health care coverage to 70 percent of all full-time employees and their dependents, unless the employer qualifies for 2015 dependent coverage transition relief, or face a penalty.
In 2016, the 70 percent threshold is increased to 95 percent, and the shared responsibility penalties will also apply to employers with 50 or more full-time equivalent employees.