The 2012 election lifts the veil of uncertainty about the future of the Affordable Care Act. It will be a sprint to full implementation in 2014, with federal budget constraints placing fresh pressure on the administration to scale back its ambition. Some in the health sector are moving out ahead, pursuing new care and payment models and refocusing attention on customer-oriented service.
February 25, 2014
The IRS issued final regulations providing guidance on the Affordable Care Act's employer shared responsibility provisions, sometimes called the 'employer mandate' or the 'pay or play' rules. The regulations apply for periods after December 31, 2014 to applicable large employers who fail to offer coverage to their full-time employees. The regulations extend earlier transition rules and provide new ones to help employers comply with the requirements.
Highlights of the final regulations include: