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Employer Health Care Mandate and Reporting Requirements Delayed Until 2015
Nixon Peabody LLP July 5, 2013 "Employers who were planning to expand coverage to new classes of employees or dependents, or change cost-sharing structures to comply with affordability requirements, can postpone implementation of those changes for up to a year.... Employers may wish to voluntarily comply with the new IRS reporting requirements beginning in 2014 in order to start data collection, and to develop and test IT systems before penalties can be imposed for reporting errors." |
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