The re-election of President Obama and the lack of change in the control of the houses of Congress effectively ensure that the provisions of Health Care Reform will remain in place and will continue along the path of implementation.
Health Care Reform imposes “shared responsibility” for full-time employees’ health care coverage on certain employers beginning in 2014. However, an employer’s obligation to “pay or play” in 2014 is based on the employer’s workforce in 2013. This Alert outlines how to determine if your business is subject to the shared responsibility requirements in 2014, based on your 2013 workforce. An employer can – and should – use these guidelines now, based on your actual and expected 2013 workforce, to determine if you will be subject to the shared responsibility requirements in 2014, so your business can be prepared on January 1, 2014.