Treasury Allows 1-Year Delay Of ACA Employer Mandate

Law360, New York (February 10, 2014, 5:44 PM EST) -- The U.S. Department of the Treasury and the Internal Revenue Service on Monday gave businesses with 50 to 99 workers an extra year of leeway regarding the Affordable Care Act’s employer mandate, saying they won’t face penalties until 2016 for failing to provide health insurance coverage.

Businesses that fall into this category will in 2015 have to provide the government with information regarding their employees' health insurance plans, Treasury said. The delay of the employer mandate was one of several technical changes made to the health...
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