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Employer Mandate Delayed !!! What do you think about this?

On July 2, 2014, the Obama Administration delayed part of the Affordable Care Act(ACA, or health care reform law) that affects employers. The parts of the lawlisted below will now go into effect in 2015 instead of 2014:

Employerswill not have to report certain information to the IRS. This has been referredto as "employer reporting requirements." We are waiting for the IRSto give details on what requirements this includes.

The rulethat says large employers have to offer coverage to full-time workers or pay apenalty. "Large employer" in this case is a business that has 50 ormore full-time or full-time equivalent employees (that work an average of 30hours a week).

The rulethat says coverage offered by large employers cannot be more than 9.5% of aworker's pay for self-only coverage.

The delay notice changes the employer mandate part of the law only. The individualmandate and other parts of the law are unchanged. The IRS has said it will release more detailsabout the delay soon.