New Jersey Coverage for Interns under the Affordable Care Act
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How to fill out Coverage For Interns Under The Affordable Care Act?
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FAQ
Are required to provide affordable group health insurance coverage to employees and their dependents or face financial penalties. The ACA defines a full-time employee as an individual who works an average of at least 30 hours per week.
Start by taking the total number of part-time employees and add their total hours of service for a particular month together. Next, divide the total by 120. The result is your full-time equivalent count for the month. Add these to your full-time employee count to determine ALE status for the month.
A set of 10 categories of services health insurance plans must cover under the Affordable Care Act. These include doctors' services, inpatient and outpatient hospital care, prescription drug coverage, pregnancy and childbirth, mental health services, and more.
The paid internships will be at least 15 to 20 hours per week and pay the minimum wage or above. .
Generally, college students who become interns are not full-time employees and don't receive the same benefits as their full-time counterparts. However, a paid intern may be considered full-time under Department of Labor and Internal Revenue Service rules, making them eligible for certain benefits.
The Affordable Care Act's ?shared responsibility? provisions (also referred to as the "employer mandate" or "play or pay") generally require that ?applicable large employers? or ALEs (those with 50 or more full-time employees working at least 30 hours per week or their equivalents when adding together part-time hours) ...
An employer is not subject to an assessable payment under section 4980H(a) with respect to an employee for each calendar month during the period of three full calendar months beginning with the first full calendar month in which the employee is otherwise eligible for an offer of coverage under a group health plan of ...
The Affordable Care Act (ACA) requires employers to offer health insurance to employees working at least 30 hours per week (or 130 hours per month) to avoid paying penalties.
