Employer Shared Responsibility Payment (ESRP) (ESRP)
Health Insurance
The Affordable Care Act requires certain employers with at least 50 full-time employees (or equivalents) to offer health insurance coverage to its full-time employees (and their dependents) that meets certain minimum standards set by the Affordable Care Act or to make a tax payment called the ESRP.
- — HealthCare.gov Glossary retrieved 2014-05-16