NRA offers primer on health-care law requirements
The White House’s decision to use 2014 as a year for transition relief and voluntary compliance with the health care law’s employer mandate and some reporting requirements bought a little breathing room for so-called “large employers”—but all other parts of the law are moving forward. Although the employer mandate and its associated penalties don’t apply until 2015, businesses of all sizes should take time now to prepare for what’s ahead. Public exchanges are set to start enrolling millions of Americans in 2014 health care coverage on Oct. 1. By that date, employers are required to give employees written notice about how to access these exchanges.
To help restaurant operators prepare for the health care law, the National Restaurant Association has issued a free Health Care Law Primer that includes information about key dates and deadlines; how to calculate whether you’re an “applicable large employer;” how the law affects businesses with 50+ full-time equivalent (FTE) and fewer than 50 FTE employees. To download the free health care primer, visit here.