Obama Administration Delays Employer Mandate in Affordable Care Act
Big news out of Washington, DC, during an otherwise sleepy week on Capitol Hill. The Obama Administration announced a one year delay (or "transition relief") of the employer mandate portion of the Affordable Care Act (ACA) currently scheduled to take effect on Jan. 1, 2014. The mandate would require employers with 50 or more full-time equivalent workers to provide health insurance at prescribed levels or to face penalties and fees starting at $2,000 per worker.
- Places:
- Capitol Hill
- Washington, DC
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