The Obama
administration unexpectedly announced Tuesday it is delaying the employer
mandate under the Patient Protection and Affordable Care Act until 2015.
The mandate
— which requires mid-sized and large employers to offer health insurance
coverage to their workers — was one of the main requirements of the health care
overhaul that was set to go into effect Jan. 1, 2014.
This ruling
does NOT change the individual mandate set to begin 1/1/2014.
You will
see many articles about the reasons for this announcement, I am advising my
clients that between now that the opening of the exchanges on 10/1/2014, best course of action is not to panic or
make sweeping changes to their benefits.
In
September, Covered California (the CA exchange) will be providing broker training and our
industry should then have better information to provide our clients.
Till then, please stay informed but realize what you hear today could change tomorrow.
Till then, please stay informed but realize what you hear today could change tomorrow.
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