What is the Individual Mandate? How Does It Affect My Employees?

The Affordable Care Act (ACA) requires most Americans to have adequate health insurance beginning on January 1, 2014.  Those who do not get an “exemption” will pay a penalty for months during the year when they have no health insurance.  This “individual mandate” continues to be the subject of much political controversy.

Update:  On October 23, 2013 the government announced that it would delay assessing penalties on anyone signing up for health insurance coverage by March 31, 2014.

Read more: Client Alert–Individual Mandate–October 24 2013