September 6, 2013 Legislative Update Affordable Care Act Question of the Week: Employer Shared Responsibility The “Question of the Week” provides answers to frequently asked questions regarding the Affordable Care Act (ACA). This week, we are featuring a question about Employer Shared Responsibility. Q. What is happening with Employer Shared Responsibility? A. In early July, the Obama administration announced that it will delay until 2015 the ACA mandatory employer and insurer reporting requirements and the Employer Shared Responsibility payments. The Internal Revenue Service plans to issue regulations on the reporting requirements later this year. We will review those proposed regulations when they are released and continue to work with our clients to understand what is required by ACA and what options are available to them. |