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Jul 2013
03
July 03, 2013

Employers' Health Insurance Mandate Delayed


U.S. Treasury officials announced late yesterday that employers will not be required to provide health insurance to their full-time employees working an average of 30 or more hours a week until 2015. Employers who do not provide coverage before the extended deadline will not be subject to penalties under the employer shared responsibility provisions.

Requirements that employers and insurance carriers notify the IRS regarding who is covered under their plans are similarly delayed.

Treasury officials announced that guidance explaining the delayed effective date will be issued within the coming week. The individual mandate and other key provisions of the Act are not impacted by this delay and are expected to roll out in accordance with existing time schedules.

We will update you as additional details are released.

If you have questions about the changes, please contact April A. Goff (agoff@wnj.com or 616.752.2154), Norbert F. Kugele (nkugele@wnj.com or 616.752.2186), or any other member of Warner’s Health Care Reform Task Force.

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