Obamacare Employer Mandate To Be Delayed Until 2015

http://www.bloomberg.com/news/2013-0...d-to-2015.html

Key Obamacare provision delayed


http://politicalticker.blogs.cnn.com...ision-delayed/

...the extra year before the requirement goes into effect will allow the government time to assess ways to simplify the reporting process for businesses. Penalties for firms not providing health coverage to employees will now begin in 2015 – after next year’s congressional elections.

The new delay will not affect other aspects of the health law, including the establishment of exchanges in states for low-income Americans to obtain health insurance.

Supporters of the employer mandate note that most firms already provide health insurance to full time workers, and downplay the effect the requirement would have on small businesses, citing figures showing the vast majority of small businesses employ fewer than 50 workers.