Wall Street Journal Turns to Joel Ario on ACA Penalty Delay for Large Employers
"Health Law Penalty Delay Clouds Individual Mandate"
The Wall Street Journal
July 4, 2013 - The Wall Street Journal turned to Manatt's Joel Ario, a managing director with Manatt Health Solutions, for insight into how a penalty delay for large companies will affect the health insurance exchanges.
As reported by The Wall Street Journal, the Obama administration recently announced that it is delaying penalties for large employers who don't provide health insurance coverage to workers under the federal healthcare law for 2014, the first year the provision was set to take effect. Questions have been raised as to how the new exchanges would operate in the absence of information from employers about whether they were offering coverage.
Ario told the paper that the subsidies for individuals should be available next year even without information from employers.
"Was a complete database of employer plans essential to verifying eligibility? I think the answer to that is no," he said. "It was basically going to be built on attestation."
Read the article here.