BREAKING NEWS – Health Law Employer Mandate Delayed until 2015

By July 3, 2013Blog
ACA delayed till 2015

The Treasury Department announced yesterday (July 2, 2013), “The (Obama) Administration is announcing that it will provide an additional year before the ACA mandatory employer and insurer reporting requirements begin.” See full announcement here.

Bloomberg coverage of the announcement: Health-Law Employer Mandate Said to Be Delayed to 2015

Businesses won’t be penalized next year if they don’t provide workers health insurance after the Obama administration decided to delay a key requirement under its health-care law, two administration officials said. The decision will come in regulatory guidance to be issued later this week. It addresses vehement complaints from employer groups about the administrative burden of reporting requirements, though it may also affect coverage provided to some workers (Dorning and Wayne, 7/2).

As reported by The Washington Post: White House Delays Employer Mandate Requirement Until 2015

The Obama administration will not penalize businesses that do not provide health insurance in 2014, the Treasury Department announced Tuesday. Instead, it will delay enforcement of a major Affordable Care Act requirement that all employers with more than 50 employees provide coverage to their workers until 2015 (Kliff, 7/2).

PayVision Online will continue to provide relevant and timely communication regarding the ACA and how it will affect your payroll and HR requirements.

 

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