FLASH: Obamacare's employer mandate delayed to 2015
TLDR: The White House shocked many last night by announcing that the controversial employer mandate had been delayed for an additional year. The individual and state exchange deadlines are still in place.
In a stunning move, the Obama administration announced Tuesday evening that a key provision of the Patient Protection and Affordable Care Act (PPACA), commonly called Obamacare, will be delayed for an additional year until 2015. Specifically, the delay is to the mandate that requires businesses with 50 or more full-time workers to offer health insurance to their employees. The individual mandate, which includes those who are self-employed or working for companies that don’t provide coverage, is still in place and will go into effect at the beginning of 2014 as is the deadline for state insurance exchanges to be setup by October of this year. However, thanks to the strong backlash from businesses and lobbying groups, these companies won’t have to worry about the mandate at least until after the 2014 midterm elections. The Washington Times expands, “Republicans said the move adds fuel to their calls for the entire law to be repealed.“This announcement means even the Obama administration knows the ‘train wreck’ will only get worse,” said House Speaker John A. Boehner. “I hope the administration recognizes the need to release American families from the mandates of this law as well.” Sen. John Barrasso, Wyoming Republican and a doctor, said the move was “a cynical political ploy to delay the coming train wreck associated with ‘Obamacare’ until after the 2014 elections.” Already the administration was facing reports from across the nation that businesses, and even local government agencies and schools, were cutting employees or limiting hours to avoid the mandate’s thresholds…”
Source - Exabyzness & Washington Times