07/03/2013
The so-called employer mandate, which penalizes employers with more than 50 employees if they fail to provide a minimum standard of affordable health insurance, was set to kick in in 2014, but now will take effect in 2015, the Treasury Department announced in a blog post first reported by Bloomberg News. The delay not only allows the Administration time to alleviate concerns among business owners, but also takes a controversial component of the law off the table before the midterm elections.
Read More ...
Individuals STILL REQUIRED TO COMPLY...
via Drudge
Looks like someone finally read the bill.
The Obama administration is postponing the ‘employer mandate’ – which would levy financial penalties on businesses with more than 50 employees that fail to provide health insurance that meet the minimum standards and “affordability” — until 2015. The move delays implementation of at least one component of the unpopular law until after the next mid-term elections. A coincidence, no doubt.
Individuals? You’re still on the hook.
READ: Treasury Department statement
Read More ...
Individuals STILL REQUIRED TO COMPLY...
via Drudge
Looks like someone finally read the bill.
The Obama administration is postponing the ‘employer mandate’ – which would levy financial penalties on businesses with more than 50 employees that fail to provide health insurance that meet the minimum standards and “affordability” — until 2015. The move delays implementation of at least one component of the unpopular law until after the next mid-term elections. A coincidence, no doubt.
Individuals? You’re still on the hook.
READ: Treasury Department statement
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