This Week
  • The new Golisano Children's Hospital is dedicated.

  • Citizens Bank leader outlines plans in visit.

  • The last six years have brought quite a transformation to Mirror Show Management.

  • For Christopher Thorpe of Darien Lake Theme & Water Park Resort, work is about having fun.

  • Local banks are getting ready to migrate to the global standard for secure payments.

  • Aprille Byam launched StoryChick to help people begin conversations.

White House postpones key health care mandate

Rochester Business Journal
July 2, 2013

The Obama administration has decided to postpone for one year the Affordable Care Act mandate requiring employers with more than 50 full-time employees to provide health care coverage for their workers or pay fines.

"We have heard concerns about the complexity of the requirements and the need for more time to implement them effectively," wrote Mark Mazur, assistant secretary for tax policy at the U.S. Treasury Department, in a post on the department's website. "We have listened to your feedback.  And we are taking action."

Full implementation now is slated for 2015.

Within the next week, Mazur said, the Treasury will issue official guidance on the transition. To read his blog post, click here.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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