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Obama administration delays part of health law's employer mandate

Started by riky, February 11, 2014, 09:00:18 AM

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riky

Obama administration delays part of health law's employer mandate

<p><a href="http://news.yahoo.com/u-treasury-relaxes-2015-obamacare-penalty-rules-businesses-211906384--business.html"><img src="http://l2.yimg.com/bt/api/res/1.2/EAz3_P3Sr1i3GDXSvOKwUQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-02-10T211906Z_1_CBREA191N8800_RTROPTP_2_USA-HEALTHCARE.JPG" width="130" height="86" alt="U.S. President Obama delivers remarks on Obamacare at an Organizing for Action grassroots supporter event in Washington" align="left" title="U.S. President Obama delivers remarks on Obamacare at an Organizing for Action grassroots supporter event in Washington" border="0" /></a>The U.S. government on Monday delayed another part of President Barack Obama's signature health reform law, saying medium-sized businesses would not face a tax penalty until 2016 for not providing employees with health coverage. The announcement came after the administration last July delayed until 2015 the so-called employer mandate associated with the Affordable Care Act, commonly known as Obamacare. Obamacare aims to extend health coverage to millions of uninsured Americans, partly by imposing penalties on individuals and businesses not seeking coverage. Most individuals face a tax penalty for not having healthcare coverage in 2014.</p><br clear="all"/>

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