The delay of the employer mandate under the Affordable Care Act (ACA) means employers will not be required to provide group coverage for their employees until January 1, 2015. But, the mandate is going to happen, and we recommend employers begin to think — and plan ahead — for that eventuality. In fact, under ACA, employers must notify their employees about their health insurance options by October 1, 2013 (read
Employer Mandate Delayed until 2015
On July 2, the US Treasury Department announced that the employer mandate — a key provision of the Patient Protection and Affordable Care Act (ACA) — will be delayed until 2015. REMINDER: What is the Employer Mandate? Companies with 50 or more full-time or full-time equivalent employees must offer full-time employees and their dependents (i.e., children up to age 26) coverage that is affordable and provides minimum value beginning in
Affordable Care Act – Determining the Business Size and Employer Mandate Applicability
The Affordable Care Act (ACA) requires companies of a certain size to provide health insurance to their workforce. You have probably heard the number 50 as the cut-off: companies employing at least 50 full-time (or full-time equivalent) employees are subject to the requirements of the employer mandate — sometimes referred to as “employer shared responsibility” — and those employing fewer than 50 are not. UPDATE: Employer Mandate will be phased
