Businesses won’t be penalized next year if they fail to provide workers health insurance after the Obama administration decided to delay a key requirement under its signature 2010 health-care law.
The government will postpone enforcement of the so-called employer mandate until 2015, the administration said today. Under the provision, companies with 50 or more workers face a fine of as much as $3,000 per employee if they don’t offer affordable insurance.
“In our ongoing discussions with businesses we have heard that you need the time to get this right,” Valerie Jarrett, a senior adviser to Obama, said in a White House blog post announcing the decision. “We are listening.”
The move may lead some employers to delay providing coverage to workers. The law’s individual mandate remains in effect, a provision that requires most Americans to carry health insurance.
Two Obama administration officials, who discussed the move before the announcement on condition that they not be identified, said the administration decided to wait until 2015 before enforcing the employer mandate in order to simplify reporting requirements and give businesses more time to adjust their health-care coverage.No. They're delaying it for purely political reasons.
If the White House was really listening, they'd scrap the stupid bill. It's unsustainable, will kill jobs and ruin healthcare while making it more expensive.
But there's a better chance of snow in June than this law being scrapped as long as Obama is