Employers Have An Additional Year To Comply With Key Provision Of The Affordable Care Act

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A key provision of the Affordable Care Act has been delayed: The U.S. Department of Treasury announced on Tuesday that employers will have an additional year (until 2015) to comply with the requirement to provide health coverage to full time employees, or pay a fine.  The other provisions of the Affordable Care Act have not been delayed.  Additional guidance is expected in the coming weeks.

Topics:  Affordable Care Act, Delays, Employer Mandates, Pay or Play, Shared Responsibility Rule, Tax Penalties, Treasury

Published In: Health Updates, Insurance Updates, Labor & Employment Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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