Federal government delays employer healthcare mandate
By Jonathan Sweet
July 3, 2013
Filed under News
The Obama administration has delayed a key provision of its healthcare reforms, announcing Tuesday that employers will not be required to offer health insurance in 2014.
Under the Patient Protection and Affordable Care Act (a.k.a Obamacare), companies with 50 or more employees are required to provide health insurance or pay an IRS penalty. That requirement is now being delayed until 2015. Other parts of the act, including the individual mandate, tax credits and insurance exchanges will still start in 2014, the administration said.
Read more from The New York Times.