Employer Health Insurance Contribution Rules. Employees in this class may participate in the defined contribution plan if the employee completes 1,000 hours per year. Starting in 2014, the affordable care act requires everyone to have health insurance or pay a penalty.
Employer sponsored health insurance is a way to get comprehensive coverage that’s usually more affordable than individual health insurance plans. Starting in 2014, the affordable care act requires everyone to have health insurance or pay a penalty. If you pay some of your own premiums, and most people do, you may be able to deduct them if you have enough other expenses.