Vermont employers pay an assessment on their “uncovered” employees, based on the following guidelines:

• Employers without a plan that pays some part of the cost of heath insurance of its workers must pay the health care assessment on all their employees.
• Employers who offer health coverage* must pay assessment on:
  • workers who are ineligible to participate in the plan
    • However, if the employer offers insurance to all full time employees, they do not have to pay the assessment on seasonal or part-time employees who have coverage from another source (unless it is Medicaid or VHAP)
  • workers who refuse the employer’s coverage and do not have coverage from other source.

The assessment is based on full-time equivalents (FTE) at the rate of $91.25 per quarter ($365 per year), exempting eight FTEs in fiscal years 2007 and 2008, six FTEs in 2009, and four FTEs in and after 2010.

The assessment rate will increase annually, indexed to the Catamount Health Plan premium growth. Final Rules for Employer Health Care Contribution for the operation of this program became effective in January 2007.

Link to Department of Labor for more information about Employer's Health Care Contribution Fund
Vermont Employer Health Care Contribution  or call 802-828-4344 to speak with a representative.