This week, the Internal Revenue Service issued final regulations under the Employer Shared Responsibility (aka “employer mandate”) provisions of the Affordable Care Act. The employer mandate calls for employers to offer health insurance to employees or pay penalties. The news this week pushes back the employer mandate deadline for not-so-large employers and eases health insurance coverage rules for large employers.
Rules have changed regarding the "use it or lose it" rule for health care flexible spending accounts.
To say the the Affordable Care Act is keeping employers on their toes is a bit of an understatement. Understanding health care reform — and getting compliant — is a significant undertaking for many organizations.