The Obama Administration announced in February that employers with 50 to 99 workers will be given until 2016, two years longer than originally envisioned under the Affordable Care Act, to comply with the mandate.

This is the second round of delays for the legislation which will ultimately require all businesses with 50 or more full-time workers to provide health coverage or pay a fine.

So what does this mean for small businesses?

To qualify for the delay, you must certify that you haven’t reduced the number of workers in your company, or the total hours of service of your employees. If you are going to try and take advantage of this delay, you have to attest that you aren’t cutting jobs or reducing hours because of ObamaCare.

This extra delay should allow some planning time for small businesses. It’s a good idea for employers to start monitoring employee numbers and plan for extra costs to avoid being cash strapped when the health mandate goes into effect. Some businesses are utilizing this extra year to consider what financing support could help maintain staff levels when the ACA goes into effect.

For help with navigating the ACA, make sure to look at www.healthcare.gov/small-businesses/ or obamacarefacts.com, and visit our blog for regular updates.

OnDeck is a Google Ventures-backed company with an A+ Rating with the Better Business Bureau. The company offers small business loans nationwide to over 725 different industries.

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