Paychex Reacts to the U.S. Supreme Court's Decision to Uphold the Individual Mandate in the Patient Protection and Affordable Care Act

Paychex, Inc. has been closely following the Patient Protection and Affordable Care Act and today released its reaction to the U.S. Supreme Court's decision to uphold the individual mandate. “While the individual mandate has been upheld, questions remain about how the remaining provisions will be implemented,” said Martin Mucci, President and CEO of Paychex. “Our team of health care experts closely monitors legislation so they can help business owners navigate the complexities of the health insurance system, and they'll continue to do so as the remaining components of the new law are implemented. “In addition, as one of the top 30 insurance firms in the country, Paychex has the unique advantage of being able to leverage our clients' payroll and insurance data to help them with requirements such as W-2 reporting of employee health coverage and new regulatory compliance obligations. We can also help our clients simplify the process of claiming the Small Business Tax Credit by providing details on their employees' hours, wages, premiums, and withholdings.”