Key Provision of Affordable Care Act delayed

The Affordable Care Act requirement that employers with over 50 employees offer health insurance or face penalties has been delayed by one year.


Affordable Care Act

In a surprising move yesterday, the Obama Administration announced on the U.S. Department of the Treasury’s website that it is delaying the implementation of the Affordable Care Act’s (ACA) employer responsibility provision.

Now, employers will not have to worry about compliance with the provision, which is also commonly referred to as the “play or pay” provision, until 2015.

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