The White House has made the decision to have the employer mandate delayed as outlined in the Health Care Reform Law. The employer mandate would have required all employers with 50 or more employees to provide “affordable, quality” health plan coverage beginning in January 2014 or pay a fine. This provision has been delayed until 2015.
Information about the employer mandate
In a White House release, it was explained that first the reporting process must be simplified. The White House plans to revamp the process for reporting that is required under the law regarding each worker’s access to and enrollment in health insurance. Once the simplified reporting is in place, businesses need time to comply.
What does this mean?
Since employer responsibility payments can only be assessed based on this new reporting, payments won’t be collected for 2014. This allows employers the time to test the new reporting systems and make any necessary adaptations to their health benefits while staying the course toward making health coverage more affordable and accessible for their workers.
Read more about the employer mandate delayed at: