BREAKING: Key Component Of Affordable Care Act — Employer Insurance — Delayed To 2015 By Obama Administration

This is now confirmed by both the Washington Post and the New York Times:

More analysis, later this evening; I must bounce, now.

. . . .The Obama administration will not penalize businesses that do not provide health insurance in 2014, the Treasury Department announced Tuesday.

Instead, it will delay enforcement of a major Affordable Care Act requirement — that all employers with more than 50 employees provide coverage to their workers until 2015. . . .

“We recognize that the vast majority of businesses that will need to do this reporting already provide health insurance to their workers, and we want to make sure it is easy for others to do so.”

The Affordable Care Act requires all employers with more than 50 full-time workers provide health insurance or pay fines. . . .

Stay tuned.


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