Employers are finding themselves stuck with a holiday gift they can’t return: increased responsibility for providing insurance to employees.
As of Jan. 1, employers with more than 100 full-time employees are required to provide health insurance to their workforce. While the Patient Protection and Affordable Care Act (ACA) was signed into law on March 23, 2010, the employer mandate only became effective as of 2015. The goal is that by 2019, 31 million uninsured Americans will have health insurance.
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