Lane Powell Attorney Kara Backus authored an article in the March issue of Oregon Business magazine titled “Healthcare Reform in 2014 and Beyond — What Individuals and Employers Can Expect.” In the article, Backus states that 2014 will be a critical year for healthcare reform, and many people are still unsure of how the complex changes to the system will play out. The Affordable Care Act (“ACA”), which initially went into effect in 2010, will help provide health care to millions of people who were previously uninsured. However, there are several new regulations that both employers and consumers of healthcare need to consider in order to remain in compliance. Individual consumers of healthcare must now have coverage through an exchange, or through another source such as an employer-provided plan, Medicare or Medicaid, by March 31, 2014, or they will be subject to a tax penalty. Employers sponsoring health plans have also been impacted by the ACA. Additionally, certain large employers must now make sure their plans comply with the ACA’s coverage requirements by 2015. Backus discussed the steps that employers must take to ensure that they comply with these new requirements, as well as the penalties they potentially face for non-compliance.