The Affordable Care Act has significantly altered how businesses address health care for their employees. Particularly relevant is the section that compels businesses with more than 50 employees to offer reasonable, affordable insurance options or face penalization, known as the employer mandate or the “Play-or-Pay” provision. Recently, the deadline to meet these requirements was delayed from 2014 to 2015. This gives businesses with 50 or more employees a little more time to address the most pressing question facing them when these changes go into effect. The following article addresses why the complexities surrounding the “Play-or-Play” provision of the law made it necessary to delay its implementation:
Steve Anderson is the Benefits Manager for A Plus Benefits, Inc.