Obamacare employer mandate delayed until 2015 to give
Democrats breathing room until after 2014 midterm elections, says Treasury
source
Obamacare penalties - what the
Supreme Court called 'taxes' - are the teeth in the law's enforcement
mechanisms, but the administration has decided to hold off fining anyone for
noncompliance until at least 2015
A Treasury Department official who
declined to be named confirmed to MailOnline on Tuesday that the Obama
administration will not begin enforcing employer mandates in the Obamacare law
until 2015 - one year later than originally planned - and pinned that change of
direction on a combination of politics and economic realities in the
marketplace.
Mark Mazur, the Assistant Treasury
Secretary for Tax Policy, announced on the agency's blog that the
administration 'will provide an additional year before the ... mandatory
employer and insurer reporting requirements begin.'
The blog post explained that the delay was intended to leave time to
simplify reporting requirements and give companies time to adapt.
But the Treasury source said the extra
year will give the White House an extra year to persuade health insurers to
participate in the exchanges that make up the backbone of the Affordable Care
Act.
The revised timetable, the source
added, will also push back the final implementation of Obamacare's penalties
past the 2014 midterm elections, providing Republicans fewer chances to
highlight the law's potentially harmful effects on businesses' bottom lines.
Boy, reality really hurts. Team Obama is finally catching on to the fact that the rushed ill-conceived PACA biil is loaded with serious flaws. Dems have been complaining that this issue could be a killer for them in 2014, so the White House is backing off the implementation. Good, maybe they'll come to senses and use the extra year to fix the deficiencies in this monstrosity, How many more companies are going to reduce their workers hours to under 30 per week so that they don't have to be covered? The real solution to this problem will never be dealt with, that is decoupling healthcare from employment. That would force the insurance companies to be competitive just as they are in auto, life and homeowners insurance. Imagine if they were based on employment?

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