If you have 50 or more employees, you are required by the law to insure them or pay a fine. Many large companies have gotten exemptions, but after this year, the exemptions do not apply.
If you have 50 or more employees, and you do not insure them, you have to pay a fine-the article says what it is.
This ban will not permit employers to give employees tax free money to go out and get their own insurance. If money is given for this purpose, it has to be counted as income and taxed accordingly.
That’s the way I understand it.
The fine for non insurance is $2,000/year if you reimburse (like the Congress does) the Excise tax is $100/day.