On July 2, 2013, the Obama administration announced that the employer mandate aspect of the Patient Protection and Affordable Care Act (PPACA) will be delayed by one year.
This mandate requires businesses with 50 or more workers to provide health insurance coverage to employees. In an effort to give employers more time to prepare, the administration will start enforcing the mandate in 2015, rather than January 1, 2014.
There will be additional changes tied to this delay, and the administration has stated that they will provide formal guidance within the next week.
New Agency Partners is watching the regulations as they unfold and will continue to provide updates.
Group Benefits Insurance Team
Your New Agency Partners Benefits Team remains committed to providing you with the essential Healthcare Reform information as it becomes available. Please feel free to contact us with any questions you may have.