BizTimes

Bret McKitrick, vice president and human resources consultant

Beginning in 2016, employers with 50 to 100 full-time employees and full-time equivalents will be subject to the play or pay penalties if they do not offer “affordable” health coverage to 95 percent of full-time employees and their dependents. Full-time is considered 30 or more hours per week; dependents are children under age 26. These are the same play or pay penalties that began applying to employers with 100 or more employees at the beginning of 2015, according to Bret McKitrick, vice president and human resources consultant in Associated Financial Group’s Waukesha office. The only difference is this year employers were required to offer health coverage to 70 percent of full-time employees and dependents, instead of 95 percent.

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