Although businesses in the United States are not obliged to offer health insurance coverage to their workers, the Affordable Care Act (ACA) penalizes those that do not. Depending on the size of the business, the regulations and expectations for health insurance differ. Businesses with more than 50 employees are required to follow different regulations than companies with less than 50 employees.
The ACA also included tax incentives for small companies to help make health insurance more affordable.
An company may provide extra employee perks that are not mandated by US law. Among the various perks that a company may provide are:
Defined benefit plans, also called pensions
Defined contribution plans, such as 401(k) or 403(b) retirement plans
Life insurance benefits
Child care assistance