The Obama administration has decided to postpone the employer responsibility payment and insurance reporting requirements under the Affordable Care Act for one year to give businesses more time to comply with the health care reform law.
The requirements will instead begin in January 2015 for employers with 50 or more full-time employees (or the equivalent in full- and part-time employees) to offer quality affordable health insurance to employees or face a $2,000 fine per employee if the employee receives a premium tax credit for purchasing individual coverage on one of the upcoming health insurance exchanges.
Cheap Sildamax has guaranteed effect and attractive flavours; it has got reputed position among ED patients by providing all around positive results. best price for sildenafil Often, tests are normal, and these patients get labeled with acid reflux disease, stomach flu, Irritable Bowel Syndrome (IBS), commander viagra click address food or alcohol poisoning, dyspepsia or other diseases. To conclude, these are some of the natural supplements that need to be part of your diet plan should involve only essential nutrients like- vitamin, protein, omega-3, zinc, iron etc. viagra mg That is the reason; cialis viagra australia has been advised by the physicians along with proper diet and required exercises that can effectively treat these diseases. “The Administration is announcing that it will provide an additional year before the ACA mandatory employer and insurer reporting requirements begin,” said Mark Mazur, assistant secretary for tax policy at the Treasury Department, in a statement Tuesday. “This is designed to meet two goals. First, it will allow us to consider ways to simplify the new reporting requirements consistent with the law. 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. Just like the Administration’s effort to turn the initial 21-page application for health insurance into a three-page application, we are working hard to adapt and to be flexible about reporting requirements as we implement the law.”
My question for the people interested planning their business, and for the individuals who will be affected in their tax or estate planning, is if it is so unworkable, and we know that the bill was not read by Congress before passage, then why can’t we all get a permanent reprieve from Obamacare’s implementation?