Wednesday, July 3, 2013

Obama Administration delays employer mandate

Late Tuesday the Obama Administration announced it is delaying the implementation of the employer mandate feature of the Patient Protection and Affordable Care Act (PPACA). We are still digesting what all this means, and there are evidently other changes coming as part of this decision. HOwever, this means that enforcement and penalties for non-compliance will not come about until 2015. This gives businesses more time to figure out what the impact will be on their activities, and how to fulfill the requirements of the law.

Here is a link to what we know so far -- click here.

We will continue to monitor this news and let you know more soon.

Have a Happy Independence Day!

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