The Obama Administration on July 2 announced it will provide an additional year before the ACA mandatory employer and insurer reporting requirements begin, according to the U.S. Department of the Treasury.
The delay is designed to meet two goals, said Mark Mazur, the Assistant Secretary for Tax Policy at the U.S. Department of the Treasury in a blog post. “First, it will allow us to consider ways to simplify the new reporting requirements consistent with the law," Mazur said. "Second, it will provide time to adapt health coverage and reporting systems while employers are moving toward making health coverage affordable and accessible for their employees. Within the next week, we will publish formal guidance describing this transition.”
Register or login for access to this item and much more
All Health Data Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access