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PLNA e-News: Protecting Values In the Nation

Obama Care Mandate for Small Businesses Pushed Back

Wednesday, February 26, 2014   (0 Comments)
Posted by: Gregg Robertson
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Affordable Care Act

WASHINGTON, DC - The Obama administration on Monday, February 10 announced a second delay of the employer mandate under ObamaCare, adding another black mark to the rollout.

The requirement that companies offer their workers insurance or pay penalties — a cornerstone of the Affordable Care Act — was postponed once under pressure from business groups.

The new delay, revealed in final regulations from the Treasury Department, gives businesses that have between 50 and 99 employees until January 2016 to either offer health insurance or pay penalties, provided they don’t cut workers just to get under the threshold.

Read more: http://thehill.com/blogs/regwatch/healthcare/197974-administration-delays-obamacare-mandate-for-small-businesses#ixzz2uSxO05CK

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