Here are three takeaways:
1. The penalty is expected to increase to $2,260 in 2017, up from $2,160 this year.
2. If an employee with single coverage pays more than 9.5 percent of their household income for their premiums, the employer will face an increased fine of $3,390 for each affected employee in 2017. This penalty hike is up from $3,240 in 2016.
3. As part of the Affordable Care Act, the penalties aim to incent employers to offer affordable coverage.
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