Employer Mandate of Affordable Care Act Delayed

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Employer Mandate of Affordable Care Act Delayed

The date requiring employers to supply health insurance to its employees under the Affordable Care Act has been delayed until 2015. Originally, the provision was set to begin in January 2014, but in July President Obama’s administration decided to push back the start date another year. Under the Affordable Care Act, employers who employ 50 or more full-time employees are required to supply health insurance to their employees or face a penalty of $2,000 per full-time employee that was not covered by health insurance.

This delay gives employers extra time to start planning and implementing the program in order to avoid being fined. The added time should be used to ensure that the insurance policy the facility is going to use meets all the guidelines of the ACA. Nursing homes should take advantage of this delay not put off the implementation until the last minute, and carry on as if the implementation was still 2014. The delay also gives employers the chance to be fully prepared for the transition in 2015 as they can practice voluntary reporting for one year.

August 7th, 2013|News, Retweetable|