Affordable Care Act compliance checklists for employers
11 July 2012Executive Compensation, Employee Benefits, and Share Incentives Newsletter
Now that the Supreme Court has spoken, employers must resume their Affordable Care Act compliance efforts. This Alert contains two checklists to help with that process.
On June 28, 2012, the Supreme Court issued its decision in National Federation of Independent Business v. Sebelius. The decision upheld the constitutionality of the “individual mandate” in the Patient Protection and Affordable Care Act, as amended (commonly referred to as the “Affordable Care Act,” or the “ACA”), which will require most individuals to have health insurance beginning in 2014, on the basis that violating the mandate would result in a tax that was within Congress’ power to impose.