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Retailers Respond to Announcement on ACA Employer Mandate Penalties

Targeted News Service

ARLINGTON, Va., July 2 -- The Retail Industry Leaders Association issued the following news release:

Today, the Retail Industry Leaders Association (RILA) issued the following statement in response to the U.S. Treasury Department's decision to provide an additional year before the Affordable Care Act (ACA) mandatory employer and insurer reporting requirements begin.

"Today's announcement is very welcome news to all employers who continue to offer quality healthcare and to the employees that benefit from it. Employer-sponsored coverage is the backbone of health coverage in the U.S, which is why for more than a year retailers have warned that the lack of time to comply with ACA requirements could jeopardize coverage for millions of Americans." - Christine Pollack, Vice President, Retail Industry Leaders Association (RILA) RILA, its member companies, and its Employers for Flexibility in Health Care (E-Flex) Coalition have been extremely vocal in expressing concern to the Administration about the lack of time for employers to comply with the ACA requirements. Last fall, RILA's president Sandy Kennedy urged President Obama to provide employers with transition relief under the ACA.

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Copyright: (c) 2013 Targeted News Service
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