Repeal talk doesn’t minimize potential for penalties
Though the Senate has been unable to pass an Affordable Care Act repeal bill so far, many legislators say they are not giving up. An ACA repeal could loosen a number of regulations for employers, but organizations should not assume repeal is imminent.
While it is important to monitor Congress’ actions around repeal or deregulation, employers must remain critically aware that the ACA is in place, and carries stiff penalties for noncompliance. Keep an eye toward Washington, but focus on compliance today, because the possibility of repeal does not affect the penalties today.
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