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Treasury delays healthcare mandate


On July 2, the Department of Treasury announced that enforcement of the employer health insurance mandate will be delayed for one year until 2015.

The Affordable Care Act imposes penalties on applicable employers that do not offer minimum essential coverage to full-time employees and dependents.

The DOT stated that the administration will publish formal guidance on the delay within the next week.

To read the announcement, go to http://www.treasury.gov/connect/blog/Pages/Continuing-to-Implement-the-ACA-in-a-Careful-Thoughtful-Manner-.aspx