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The Postponement of the Employer Mandate – What It Means to You
One month ago, the Treasury Dept. announced that it is delaying the Affordable Care Act’s employer “shared responsibility” reporting obligations and penalties for one year. For those who are not regular readers of this blog, I have referred to the act’s employer “shared responsibility” section as the “Employer” Mandate (or “play or pay section). The […]
Snelling and the Affordable Care Act – ASA Statement of Principles
Now that our 3 part series on the Affordable Care Act has concluded, I thought it would be appropriate to state Snelling’s principles regarding our company’s commitment to compliance with the ACA. In May, the American Staffing Association (ASA) approved a “Statement of Principles” demonstrates our industry’s commitment to ACA compliance and to the well-being […]
The Affordable Care Act Update – Determining a full-time equivalent employee
(Part 3 of a 3-part blog series) If you employ more than 50 full-time equivalent employees (FTE), your company is considered “large” and the employer mandate section of the Affordable Care Act is applicable. An FTE is a person who has worked (on average) 30 hours per week during the previous calendar year. This includes […]
The Affordable Care Act Update – What Levels of Coverage Meet the Comprehensive and Affordability Criteria?
(Part 2 of a 3- part blog series) Next January, this country’s healthcare system will undergo a massive change, when a large portion of the mandates found in the Patient Protection and Affordable Care Act* take effect. This is daunting and confusing for many employers – mainly because the amount of information is scarce, while […]
The Affordable Care Act –Demystified
(Part 1 of a 3- part blog series) January 1, 2014 is “D-Day” for many companies…the day when a large portion of the Patient Protection and Affordable Care Act’s (PPACA)* comprehensive health insurance reforms roll out. *NOTE: The Patient Protection and Affordable Care Act (PPACA) is also known by its abbreviated form – Affordable Care […]
