On July 2, The White House announced that they will be delaying the employer mandate, a key part of the Affordable Care Act (ACA). Before this announcement, businesses with more than 50 workers were required to provide affordable health insurance beginning in 2014, or face a financial penalty per employee. Now, employers will not be required to provide health insurance until 2015.
The decision is intended to simplify the reporting process and give employers more time to comply with the new rules. At the same time, the Administration indicates that the new health insurance exchanges, or marketplaces, will still begin enrollment on time. The Arc’s policy team will be providing more information about ACA implementation in coming weeks. Continue to check the Capitol Insider Blog for updates.