The instructions address various tax forms employers must file under the mandate concerning the minimum essential health insurance coverage they offer to their workers. Under the law, businesses and companies with 50 or more employees are mandated to offer health insurance to those employees or pay a penalty.
The mandate was originally due to take effect this year. However, business groups warned unresolved questions about reporting requirements would cause problems. The Obama administration decided last summer to delay its implementation until 2015 in order to give the government ways to simplify reporting requirements for employers and to adapt health coverage and reporting systems. In February, the Obama administration delayed the mandate’s enactment a second time for certain businesses, and it will now take effect January 2016 for businesses with between 50 and 90 employees.
More articles on the PPACA:
HHS grants $35.7M in PPACA funding to support patient-centered medical homes in health centers
IRS encounters problems ensuring PPACA medical device tax compliance, accuracy
Fitch: PPACA drives decline in inpatient hospital care
