U.S. has not determined legal authority to delay Obamacare mandate

[riky]

U.S. has not determined legal authority to delay Obamacare mandate

<p><a href="http://news.yahoo.com/u-not-determined-legal-authority-delay-obamacare-mandate-211637778--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/IHIfSsKpHcQXLATPcBU7yg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-08T212223Z_2_CBREA371N3T00_RTROPTP_2_USA.JPG" width="130" height="86" alt="Julian Gomez explains Obamacare to people at a health insurance enrolment event in Commerce" align="left" title="Julian Gomez explains Obamacare to people at a health insurance enrolment event in Commerce" border="0" /></a>By David Morgan WASHINGTON (Reuters) - The U.S. administration has not determined whether it has legal authority to delay Obamacare's individual mandate, which requires most Americans to enroll in health insurance or pay a tax penalty, a senior Treasury official said on Tuesday. Mark Iwry, senior adviser to Treasury Secretary Jack Lew, told U.S. lawmakers the administration sees no reason for delay given that the law allows for exemptions and provides financial assistance for those unable to afford health coverage on their own. &quot;If we don't believe that it is appropriate to be delaying that provision ... then we don't reach the question of whether we have legal authority,&quot; Iwry said in testimony before the Republican-controlled House Ways and Means Committee's Health subcommittee. The administration has delayed numerous segments of the 2010 law known as Obamacare during four years of implementation and continues to face speculation about possible new postponements for provisions, including the individual mandate.</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login