By ProSential Group on
7/3/2013 8:36 AM
The Obama
Administration announced Tuesday afternoon that it would delay the penalty and
reporting provisions of the ACA’s employer mandate (also known as “Play or Pay”)
until 2015. This was due in part to comments from interested parties concerned
with the complexity of the proposed regulations amid looming implementation
deadlines, and in part to the Administration’s desire to encourage employers to
continue offering health insurance to their employees. Accordingly, both the
employer and insurer reporting requirements and any penalties under the Play or
Pay mandate have been delayed until 2015.