Finally, some good news for employers when it comes to ACA compliance. Today, President Obama signed the Bipartisan Budget Act of 2015. Included, was a provision repealing the auto-enrollment requirement for organizations with over 200 employees.
This change comes as a relief for most large employers. Fears of “defaulting” employees into a medical plan they didn’t want were a significant cause of stress. Thankfully, there’s one less thing to worry about or implement.
Please note: This communication is designed for introductory informational purposes. The contents are summaries and are not intended to cover every aspect of the topic, law or regulation being discussed. The information contained in this post and website does not constitute legal or tax advice. To ensure full compliance based on your unique organizational requirements, discussion with your attorney or tax professional is recommended.