Many employers already have begun to move forward on planning for Jan. 1, 2014, and the new stipulations the law mandates. And while much could still change between now and then, the likelihood of stopping the act is very low.
One thing we do know for certain, there still will be many hourly and part-time workers in the United States. Those jobs don't go away and up to 1 million of those hourly and part-time workers are covered on limited medical benefit plans that received a waiver to operate until Dec. 31, 2013.
At the end of next year, those plans will be void and employers who adopted those plans and make payroll deductions for those employees will have some decisions to make for their populations.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
