Responding to business concerns, the Obama administration announced Tuesday that it would delay until 2015 the new health care lawâ€™s mandate that employers provide workers with health insurance.
New reporting requirements of the Affordable Care Act will also be delayed a year.Â Questions about the new employer mandate and reporting requirements have been a concern for businesses across the nation, including in and around Oak Ridge.
â€œWe have heard concerns about the complexity of the requirements and the need for more time to implementÂ them effectively,â€ said Mark J. Mazur, assistant secretary for tax policy. Mazur made the announcement on the U.S. Treasury Department’s website. [Read more…]