Republican efforts to repeal and replace the Affordable Care Act (ACA) came to a halt when the Senate fell short of the 51 votes required to pass the Health Care Freedom Act (HCFA) late last month.
All the bills debated and voted upon by both the House and Senate in recent months have cast a cloud of confusion over what an employer must do to comply with the ACA.
At this point, both parties have indicated next steps may include bipartisan efforts to fix the ACA and stabilize the market. However, specific plans and a timeline have not yet been discussed.
While the future of the ACA is unclear at this time, pending further developments, all existing ACA requirements remain in effect, including penalties for noncompliance.
Marshall & Sterling has a solution that organizes and manages all the complexities of the ACA. If you have any questions regarding the upcoming reporting season or the potential penalties, please contact us.
Disclaimer: The information contained in this message is for general informational purposes only and does not constitute legal advice.