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Breaking News: Transition Relief Granted Under ACA for Minimum-Value Health Insurance Plans Without Hospital or Physician Coverage

The Obama administration announced today that employers will not face penalties under the Affordable Care Act if, prior to Nov. 4, 2014—in reliance on the government’s minimum value calculator—they had committed to adopting or begun enrolling employees in plans that do not cover inpatient hospitalization or physician services. ASA had met with officials at the U.S. Department of Treasury on Oct. 8 to discuss the challenges faced by staffing firms in obtaining minimum value coverage and explain why transition relief was critical for those firms that relied in good faith on the government’s calculator.

The transition relief is set forth in Notice 2014-69, issued jointly by the U.S. Internal Revenue Service (a bureau of the Treasury Department) and the U.S. Department of Health and Human Services. The relief applies to plan years that begin no later than March 1, 2015. Employers must not state or imply that employees who are offered such plans in 2015 may not obtain a premium tax credit and must correct any prior statements to that effect.

ASA will publish a detailed analysis of the guidance in tomorrow’s issue of Staffing Today.

Advantage Home Care Acquires Advance Medical Staffing

Lehigh Valley Business (11/03/14) Jennifer Glose

Advantage Home Care has acquired Advance Medical Staffing of West Reading, PA. The company will do business as Advance Medical Staffing by Advantage Home Care.

ISM Manufacturing Index Unexpectedly Rises in October

Wall Street Journal (11/03/14) Kathleen Madigan

The Institute for Supply Management’s manufacturing purchasing managers index increased to 59.0 in October from 56.6 in September. Economists surveyed by the Wall Street Journal had forecast an October reading of 56.0. Meanwhile, the employment index rose to 55.5 from 54.6.

“Manufacturing is firing on all cylinders” in the U.S., says Bradley Holcomb, who oversees the survey. “I think we will finish the year strong and set up well for next year.”

Free ASA Webinar Today—Be a Master Recruiter

Don’t miss the ASA webinar “From Average to Great—The Four Key Steps to Becoming a Master Recruiter.” It takes place today from 3 to 4 p.m. Eastern time. Find out what distinguishes a great recruiter during this two-part ASA webinar (the second session will take place Tuesday, Nov. 11).

All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.