The Obama Administration announced last Tuesday that the implementation of the employer health insurance mandate, a key piece of the Patient Protection and Affordable Care Act, will be delayed until 2015.
The employer healthcare mandate was set to take effect on January 1, 2014. This part of the 2010 legislation requires all employers with more than 50 full-time workers to provide health insurance or pay high penalties. It also mandates a new insurance marketplace specifically for small businesses that is designed to allow these companies to provide employees with a choice of health plans. This mandate is now due to be implemented January 1, 2015.