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Factbox: Obama delays health law employer fees, other taxes on track

Started by riky, July 04, 2013, 09:00:19 AM

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riky

Factbox: Obama delays health law employer fees, other taxes on track

WASHINGTON (Reuters) - The Obama administration has given employers an extra year to provide health insurance for their workers, delaying until 2015 a provision of President Barack Obama's healthcare reform law requiring businesses with 50 or more workers to decide whether to cover workers or pay a fine. The "employer mandate" subjects companies to a $2,000 fine for each full-time employee lacking coverage, with the first 30 employees excluded from the fee. ...

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