DC Circuit Orders Vacatur of IRS Obamacare Regulations Extending Tax Subsidies to Federal Exchanges

DC Circuit Orders Vacatur of IRS Obamacare Regulations Extending Tax Subsidies to Federal Exchanges

The United States Court of Appeals for the District of Columbia Circuit today ordered vacated a critical Internal Revenue Service (IRS) regulation extending tax credits under Obamacare (Patient Protection and Affordable Care Act or PPACA) to participants in federal health care exchanges as contrary to the clear language of the statute. 

The Affordable Care Act—Countdown to Compliance: The Impact of Employment Contract Terms On Variable Hour Employee Status

The Affordable Care Act—Countdown to Compliance: The Impact of Employment Contract Terms On Variable Hour Employee Status

For applicable large employers (i.e., employers who employed at least 50 full-time and full-time equivalent employees on business days during the preceding calendar year) endeavoring to comply with the Affordable Care Act’s employer shared responsibility rules, determining an employee’s status as “full-time” is critically important.