On July 2, the Obama administration announced it will delay the employer mandate components of the Affordable Care Act (ACA) by one year. The provisions of the law now will take effect Jan. 1, 2015, rather than in 2014. Therefore, employers with 50 or more “full-time equivalent” employees, as defined in the law, will have one more year to ensure they are in compliance with the requirement to provide government-approved health insurance or face certain Internal Revenue Service (IRS) penalties.
NRCA has opposed the ACA’s employer mandate because of its complexity and fears it will further increase health insurance costs for employers. NRCA currently supports legislation introduced in Congress to repeal the mandate. Additionally, NRCA has provided official comments in the regulatory process aimed at making the law’s provisions as practical as possible for employers.
NRCA has issued a statement regarding the delay for the employer health care mandate. To view the statement, click here.
(From NRCA Newsletter)