This Week
  • Strathallan Spa opens on East Avenue.

  • JPMorgan Chase's Matthew Tipple found there is no place like home.

  • Today's workplace requires some new and different professional talents, experts say.

  • DeRisio Construction builds on its solid foundation.

  • Kristin Schuster blends the technical and creative as an architect at SWBR Architects.

  • The Schools Report Card has rankings for 27 districts and more than 250 schools.

White House postpones key health care mandate

Rochester Business Journal
July 2, 2013

The Obama administration has decided to postpone for one year the Affordable Care Act mandate requiring employers with more than 50 full-time employees to provide health care coverage for their workers or pay fines.

"We have heard concerns about the complexity of the requirements and the need for more time to implement them effectively," wrote Mark Mazur, assistant secretary for tax policy at the U.S. Treasury Department, in a post on the department's website. "We have listened to your feedback.  And we are taking action."

Full implementation now is slated for 2015.

Within the next week, Mazur said, the Treasury will issue official guidance on the transition. To read his blog post, click here.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google