November 29, 2015

Treasury Department Postpones Pay or Play Rules

On July 2, 2013, the U.S. Treasury Department announced it is postponing the effective date of the so-called “shared responsibility” or “pay or play” rules under the Patient Protection and Affordable Care Act (ACA). These rules require employers with more than fifty full-time equivalent employees to provide qualifying health insurance coverage to their employees. Employers would pay a penalty if they fail to do so.

The employer mandate was scheduled to take effect January 1, 2014. However, yesterday, the Treasury Department delayed implementation until January 1, 2015.

The Treasury Department’s announcement is clear that no other provision of the ACA is affected by its decision to delay implementation of the employer mandate.

©2015 von Briesen & Roper, s.c


About this Author

Patrick Cannon, equity formation Attorney, von Briesen, growth strategy lawyer, manufacturing law, mergers acquisitions legal counsel

Patrick Cannon is a member of the Business and Health Law Sections. His practice focuses on helping businesses with all aspects of their corporate and business needs including entity formation and continued growth strategy, mergers and acquisitions, and commercial contract negotiation and drafting, among others. Patrick has experience representing businesses in a variety of industries including health care, manufacturing, professional services, supply chain and distribution, and technology.

In addition to his business practice, Patrick advises...