ACA Plan Affordability – Safe Harbors
Under the Employer Mandate (delayed until 2015) of the Affordable Care Act (PPACA), large employers must offer their full-time employees (and their dependents) the opportunity to enroll in “Affordable” coverage. Employers that offer their employees the opportunity to enroll in coverage will be penalized if the coverage is “unaffordable” or does not provide “Minimum Value,” […]
Healthcare Employer Mandate Delayed for One Year
The U.S. Treasury Department has announced that it will delay enforcement of the employer mandate (“pay or play”) requirements for one year. As a result, any penalties (also known as employer shared responsibility payments) will not apply until 2015. This mandate requires businesses with 50 or more workers to provide health insurance coverage to employees. […]