Health Care Reform Update: Week of October 7, 2013
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The federal government shutdown in October 2013 could delay the release of additional health care reform guidance from the government that was expected to help employers prepare for changes going into effect in 2015. This included updated regulations on employer shared responsibility payments and waiting period requirements that employers relied on for planning. With guidance potentially delayed, employers were advised to examine their plans and determine compliance based on existing statute and guidance.
Health Care Reform Update: Week of October 7, 2013
- 1. October 8, 2013 Health Care Reform Update: Week of October 7, 2013 Commentators have begun noting that the federal government shutdown could delay the release of additional health care reform guidance, especially if the shutdown lasts a week or two. This could affect the issuance of updated regulations on Pay or Play, which was originally expected in November in order to help employers begin preparations for the 2015 implementation. Other important pending health care reform guidance could be delayed as well, including regulations governing the 90-day waiting period requirement and elimination of pre-existing conditions. In the absence of such guidance, Willis recommends that employers begin examining their plans to determine how they are going to comply based on the information provided in the statute or other guidance that is currently in place. This information is not intended to represent legal or tax advice and has been prepared solely for informational purposes. You may wish to consult your attorney or tax adviser regarding issues raised in this publication.