Excerpt: Health insurance coverage. The Acts do not require employers to offer health insurance coverage but do impose a penalty on certain businesses that do not provide coverage for full-time equivalent (FTE) employees (i.e., employees who work 30 or more hours per week). Employers with less than 50 FTE employees are not subject to the penalty. There also is no penalty for an employer that does not provide health insurance coverage if no FTE employees receive a subsidy or tax credit for insurance purchased through a new state insurance exchange created by the Acts.