Obamacare Employment Mandate Deferred For One Year

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Under the phase-in of Obamacare, employers with 50 or more full-time employees are obligated to provide medical insurance to employees or face a fine (or as the Supreme Court determined, a “tax”), commencing January 1, 2014. The Treasury Department has now delayed this until January 1, 2015.
However, the deadline for individuals to have coverage or face a fine/tax has NOT been deferred beyond the scheduled January 1, 2014 date.

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.

© Charles (Chuck) Rubin, Gutter Chaves Josepher Rubin Forman Fleisher P.A. | Attorney Advertising

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