Employer health care mandate is delayed until 2015

07/15/2013 | CGMA Magazine

The Treasury Department says a penalty imposed by the Patient Protection and Affordable Care Act on large employers that fail to provide minimum health care coverage to employees will be delayed until 2015, as the department works to promulgate proposed regulations that would implement the law. Postponement of some of the law's provisions will allow the Treasury to simplify reporting requirements and will provide time for employers to adapt health coverage and reporting systems.

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