In breaking news, the Obama Administration has now acknowledged the significant regulatory burdens that the January 1, 2014 deadline under the Affordable Care Act would place on employers. Based on reports, the ACA Employer Mandate has been delayed to 2015! We understand that regulatory guidance will be forthcoming this week.
This is welcome news to employers across the country who have been struggling with compliance efforts under the ACA.
Stay tuned to this blog and www.ebglaw.com for additional information.