Affordable Care Act Update
The White House delayed another mandate of the Affordable Care Act (ACA). Businesses with 51-99 full-time employees (those that work at least 30 hours a week) now have an extra year to provide health coverage. Coverage will be required by January 1, 2016.
The delay in requiring companies with 51-99 full-time employees to offer health insurance is good for businesses because it gives them time to figure out how to comply with the law. Many businesses are having trouble determining whether their employees are full-time or part-time and how seasonal workers factor into the law.