Brokers who have scrambled for the past year to ensure their employer clients are compliant with the Affordable Care Act's employer mandate, also known as the pay-or-play mandate, took a deep breath last month.
For Mark Gaunya, principal at Borislow Insurance and EBA advisory board member, some of his new business clients were behind in preparations. "We have quite a few prospects that need our assistance and time was running short to help all of them," Gaunya says. "Perhaps now with the delay, we will be able to help more of them and maybe, just maybe, make some tweaks to the law to make it less painful and irrationally tilted toward government overreach."
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