Provisions of Affordable Care Act Delayed

The Department of Treasury announced yesterday that based on concerns of employers it will delay certain provisions in the Affordable Care Act. Included in the provisions that will be delayed are the employer reporting requirements and the tax penalties for businesses subject to the Play or Pay requirements. Essentially this delays the requirement for certain employers to offer healthcare to their employees until 2015.

Date: 
Tuesday, July 2, 2013 - 09