New ACA Employer Mandate Gives Cos. Surprising Leeway

Law360, New York (January 11, 2013, 3:19 PM EST) -- The federal government has relaxed a health reform requirement that large employers provide every worker with medical benefits, instead mandating 95 percent of staffers be covered, an unexpected move experts said provides protection from financial penalties and crucial breathing space for inadvertent errors and special circumstances.

The U.S. Department of the Treasury and the Internal Revenue Service, in proposed regulations published Jan. 2, said they wanted to respect the Affordable Care Act’s goals while also recognizing a “margin of error” so that companies aren’t penalized for...
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