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Wednesday, July 3, 2013

Health Care Employer Mandate Delayed

As you may have heard, the Obama administration announced yesterday that a key component of the Affordable Care Act -- a rule that penalizes some employers for not offering health coverage -- has been delayed until 2015.

You can read the Department of the Treasury's announcement here and the White House's announcement here.

Put simply: The law requires businesses with more than 50 full-time employees to offer a minimum level of coverage or face a penalty -- which means insurers and employers must report who is insured and at what level of coverage. Needless to say, that is a complex undertaking. The business community said they just weren't ready.

Timothy Jost at the Health Affairs blog has done a wonderful job breaking this down. He raises a number of great questions, which we hope the administration will answer soon. Stay tuned!


Psychology Glossary said...

mental health can affect many areas of our life. Mental health is just as important to our lives as our physical health.

Unknown said...

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