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February 13, 2014

ACA “Play or Pay” Undergoes More Refinements

Filed under: Benefits,Insurance,Legal Issues12:07 pm

It was announced this week that additional delays in the “Play or Pay” provision of the Affordable Care Act (ACA) for some small businesses has been delayed yet again.  Employers with 50-99 employees have been relieved from the requirement to provide suitable health insurance coverage or pay a penalty until January 2016.  These smaller employers still have to comply with reporting requirements starting in 2015, though.

As you will recall the ACA has a requirement that employers with 50 or more employees must provide health insurance coverage meeting specific criteria outlined in the law to their employees working 30 or more hours a week or they face penalties for not complying.  This provision was scheduled to begin January 2014, but was delayed last summer postponing the implementation to January 2015.  Employers with 100-plus employees must still comply by 2015.

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