ACA Employer Mandate and Reporting Requirements Delayed
On July 2, 2013 President Obama announced that implementation of the employer mandate and health care coverage reporting provisions of the Affordable Care Act will be delayed until January 1, 2015.
Originally set to go into effect January 1, 2014, the employer mandate requires that employers of more than 50 full-time equivalent employees provide coverage for their workers or face potential penalties.
The ACA requires information reporting by large employers with respect to the health coverage offered to their full-time employees, and requires reporting by insurers and self-insuring employers that provide coverage.
In announcing the delay, the administration noted the complexity of the new health care coverage reporting requirements and the need for more time to implement them.
The delay does not affect other significant provisions of the ACA, in particular health care exchanges which begin enrollment October 1, 2013 and are to take effect January 1, 2014.