On Monday, Feb. 10, the Obama Administration issued final rules implementing the employer mandate and providing welcome relief for many employers. The rules will delay compliance for employers with between 50 and 99 employees for an additional year. In addition, employers with 100 or more employees will only have to offer coverage to 70 percent of their full time workforce next year to avoid the penalties. There is also additional guidance on specific types of employees such as seasonal workers, volunteer firefighters, and adjunct faculty.
Davis Brown will provide a complimentary one-hour webinar for clients on Tuesday, Feb. 25 beginning at Noon. The webinar will review the new rules and address client questions.