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Does the Employer Mandate Apply to Your Business?

Lingering questions about the Affordable Care Act’s impact on small businesses goes to one of the fundamental issues the law raises for employers: the responsibility to offer health insurance to workers or face a penalty.

The employer mandate, as it’s known, applies to companies with at least 50 employees. Originally, it was supposed to take effect at the beginning of this year.

Last year, however, the administration put off enforcing the mandate until 2015. By last spring, the mandate, staunchly opposed by most Republicans, had lost the support of some Democrats as well.
And in April, a former Obama administration spokesman predicted that the employer mandate “will be one of the first things to go.”

So the first question for employers is, Will the mandate actually take effect next year? And the answer is: Not for companies with fewer than 100 employees.

Read the full article here.

Contact Steven G. Cosby, MHSA with questions or to request more information and to schedule a healthcare plan evaluation, savings analysis or group plan solution for your company.

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