"[B]y far the most significant component of the legislation for employers is the so-called 'play or pay' provision. Effective January 1, 2014, two types of nondeductible penalties can be imposed on certain employers with at least 50 full-time equivalent employees. Covered employers who do not offer certain specified minimum levels of health coverage, and that have at least one employee who receives health premium assistance subsidy from the federal government, will have to pay an annual tax of $2,000 per each full-time employee."  MORE >>